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Final K-1, "Describe Partnership Disposal" question.

I'm not sure how to answer this question properly.  This is the final return for our closed business.   There were no assets as it was a dropship business.  There was a little money in the checking account (less than $100) that we took out of the bank when we closed the business.  Other than that, there's nothing to "dispose" of. 

 

So, what's the proper way to answer this?   

 

Describe partnership disposal.JPG

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Final K-1, "Describe Partnership Disposal" question.

check final k-1and partnership discontinued in 2020

use the quickzoom link to be able to enter the disposal info

 

in partII disposition

check box 1a and 1a(3)

enter dates

line 5,7 and 9 enter 0

 

Final K-1, "Describe Partnership Disposal" question.

I didn't know what quickzoom was so I looked into it.  I am using TurboTax online & it doesn't offer quickzoom.   So, I'm not sure how to answer the question with the option that TurboTax gives me as seen in the picture. 

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