@DaveF1006
Your advice is quite a bit different than the gist of that of previous years but possibly the correct advice. If memory serves me right, the advice was something to the effect of using the adjusted basis from the K-1 to modify the basis reported on Form 8949 and then enter only the K-1 Ordinary Income in the K-1 portion of TT.
Also, wouldn't omitting the sale from the 1099-B possibly raise red flags with the IRS since the MLP sale would not be reported in the correct place, i.e., my return would not match up precisely with the 1099-B submitted to the IRS? That's happened to me in the past (on a matter different than the sale of a MLP), from which I learned that it's smart to make things as easy for the IRS as possible.
