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Marvin sold his 3% ownership in PTP units for $6,128. He had accumulated unallowed passive losses of $3,278. His adjusted basis in the PTP was

Marvin sold his 3% ownership in PTP units for $6,128. He had accumulated unallowed passive losses of $3,278. His adjusted basis in the PTP was $1,879. His Section 751 gain was $9,782. What is his Section 741 amount and where is it centered on the tax return?

$4,249 gain on Schedule D.

$7,903 loss on Form 4797.

$10,753 gain on Schedule E.

$14,031 loss on Form 8949

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