If the sale of an LP interest is captured in a brokerage 1099-B, do I still fill out the K-1 sale info or does that double-count gains/losses?
I purchased an interest in NRP through Etrade in 2013. This year, I sold my interest and took a loss. The K-1 portion of TurboTax asks me about my sale and cost basis but my Etrade 1099-B already has captured the information. Additionally, my K-1 from NRP doesn't even include the information TurboTax requests and tells me to "consult your tax professional" to fill out additional forms and get more info.
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