How do I report ordinary gain amount adjustment with sale of PTP interest that is part of 1099-B form?

[MfavC]

How do you enter this information when preparing a form 1041

[honeycombe8]

The detailed instructions by a user above would be great to follow, but only the CD/download versions of Turbotax allow access to forms. The ONLINE Turbotax version has question screens only.  

I'm going to kick myself if I ever put a k-1 partnership in my taxable account again. It's not worth all this headache & complicated tax reporting!

[sjmsing1]

Preparing for to 2022 taxes. Will these instruction apply to TurboTax Deluxe or do I need another version? Thanks

[jg658113]

This didn't work for me.  I followed the steps and it looks to still be double counting.  I don't see two 8949 forms, only one.  

This step doesn't exist in the UI:
 Enter the 1099-B as a Box A (or D) Transaction (Short term (or Long term) with cost basis reported to the IRS) and check the Add More or Edit) Details box just below the Description Box. 

There is nothing below the description box.

Also, this doesn't seem to appear as well:

If, after taking into consideration the information already reported on the K-1, you need to correct the basis reported on the Form 1099-B, you can do so by selecting “I need to add or fix info about this sale that’s on my Form 1099-B.”

Now, There is a checkbox that says "The Cost Basis on my statement is incorrect."  Do I select that?  Do I put the selling price there which zero's out the profit on the 1099-B and leaves the profit on the Schedule K-1?