Hi George, i have emailed the client to confirm the number of sales and who owned the stock and suspect that the entity reported this incorrectly. The k-1 does not include all of the info they are supposed to provide for the holding period and basis.
But in the event I have to report the k-1 for the client how do i correctly report the k-1 amount reported in box 11i - when i enter that to Lacerte it flows as ordinary gain from the sch E to sch 1 but should be entered as capital gain on the 8949/Sch D. 
My client is not eligible for the exclusion for the 1099b transaction due to a shorter than required holding period. I will require the omitted info to finish reporting for the k-1 if it is valid. If not I will have to go back to my client and find out if they will refile their 1065 to eliminate the wrong k-1. Otherwise, not sure what to do with if that’s the case. Any ideas?