@wingman211 When you sell a partnership, TT allows you to enter the sale info in two possible places. If not done carefully, double counting or other problems can occur. That's why this thread advises keeping all Cap Gain related entries ONLY in the 1099-B section of the interview. Since you don't have any Ord Income, you'd simply enter 0 for everything on the K-1 sales screen.
In the 1099-B section, you'll have all the info needed to report the sale, except that your cost basis has to be adjusted for that -37 reported on the K-1. So if you bought for $100, your cost on the 1099-B would be $63.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
