OK, thank you!
Yes, they do that addition for me in section L of my 2021 K-1: so my cost basis is also listed as "Other increase/decrease" here. If you add it to the 2021 capital gain ("Current year net income"), it equals an amount *close* to my final check, but not quite. This amount is listed in section L as "Withdrawals & distributions", and my "Ending capital account" is 0.
Part III, line 19 (Distributions) lists 2 items with codes:
A (Cash and marketable securities): This is the amount of our final check
C (Other property): Another amount - when you add this number to the above number (final check amount), it equals the "Withdrawals & distributions" amount that was listed in section L. (Basically, it equals the "cost basis I had up to 2020" + "2021 capital gain amount")
So now my question is: Do I add this other amount (listed in part III, line 19, code C) to my cost basis too?
I hope this isn't too confusing....thank you!
