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If you study section L of the K-1, you'll see that your basis is changed both by actual distributions (these show up on the "Withdrawals and Distributions" line) AND by all the other financials shown on the K-1 (which total to the "Current Yr increase (decrease)" line). That line ("Current Yr increase (decrease)") is what can change your basis far more than actual cash distributions
If you study section L of the K-1, you'll see that your basis is changed both by actual distributions (these show up on the "Withdrawals and Distributions" line) AND by all the other financials shown on the K-1 (which total to the "Current Yr increase (decrease)" line). That line ("Current Yr increase (decrease)") is what can change your basis far more than actual cash distributions
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