Recent

% | $
Quotes you view appear here for quick access.

EV Energy Partners LP Message Board

  • circuitest1 circuitest1 Mar 17, 2014 6:02 PM Flag

    K1 gain calculation

    my original post was not clear enough - i should have asked "which is the correct way to calculate total gain when the adjustments to basis are negative. should it be
    a) +10000 (sale) - 6000 (cost) -(-2000)(basis adjustment)= 2000 gain
    or
    b) +10000(sale) - 6000 (Cost) - (-2000) (basis adjustment)= 6000 gain

    in other words should a negative basis adjustment be counted as a positive instead of a negative as you would in mathematics where a double negative turns into a plus

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
EVEP
11.43-0.05(-0.44%)Jun 30 4:00 PMEDT