Retirement tax questions

Hi, DianeW777,

 

I have the same issue here, and the K-1 income amount is different from the 1099-B actual Buy/Sell annual gain, K-1 amount is higher. And the cost basis on K-1 totally doesn't any sense to me. So which income should I report then, the K-1 amount or the 1099-B I imported from the brokerage company ? 

 

Is there anyway to adjust the cost base somewhere to reflect the income once ?

 

Thank you,

 

JohnZ