Do I need to file a Section 751 Statement for each PTP disposed of? How do I attach this for e-filing?

Forum|Forum|7 years ago
June 3, 2019
3 replies
32 views

I have one of the PTP that changed structure from partnership to corporation and includes instruction to file a Section 751 statement and provides wording for the statement. How do I attach this to my tax file? Do I need to do this for every PTP when I dispose of shares?

Best answer by nexchap

The only method in TT to do this is to go to "Forms" mode and open the "Blank" form. This gives you a page that you can print out with your return where you can add anything you want (e.g., 751 statements). Unfortunately though, this form won't be part of anything you efile. You have to print and mail the return in.

nexchap

Answer

Level 9

**Say "Thanks" by clicking the thumb icon in a post. **Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user. . Use any advice accordingly!

danbon1Author

Level 2

One of other answers on the exchange indicated that there was a way to attach it so that it could still be e-filed. I am using Premier, if that matters. The presence of this other answer on the exchange is reason I submitted question to gain clarification. Please respond to second part of question. Thank you.