Where (in TurboTax) is the sale of a "Master Partnership" stock entered?
Since the sale of the stock is a "return of capital," it doesn't seem appropriate to enter it into the Section:
Turbotax --> Personal -->Investment Income--> Stocks, Mutual Funds, Other
- This Section states nothing about K 1's
- There is nothing in this Section that appears to integrate the (->Investment Income--> Stocks, Mutual Funds, Other) entry with the info entered in K 1 Section.
Turbotax states you need the Business Edition if you are entering info related to a Partnership (i.e. "Master Partnership")
And it's not clear if (and how) to enter it into the Business tab if it is considered selling interest in a Partnership.
