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Get your taxes done using TurboTax
Thank you very much.
Yes, I am PTP, also a domestic partner and limited partner. No build in gain/loss (II/M). Sold all the shares of the stock.
At “partner’s capital acct analysis”, “beginning capital acct”, “current yr net income”, and “withdraw and distribution” have numbers. Have a “2021 sales schedule”, with depositary units and dates.
At “describe partnership disposal”, should it be “complete disposition” or “sold and am receiving payments”?
If chose “complete disposition”, to answer “tell us about your sale”, should it be “sold partnership interest” or “liquidated partnership interest”? (This is my original question). Either selection led to questions of “Regular gain or loss” and “AMT gain or loss”: “sale price”, “selling expense”, etc.
Where to enter the information from the supplemental sales schedule? Thanks.