- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The K-1 income still needs to be entered into the tax return for the year of the sale, if there is any. But the sale of your partnership share is indeed entered as 'Stocks, Mutual Funds, Other'. It is the other. Enter in the amount that you received as well as the amount that you paid. Since, in this case, they are the same number, the net will be zero. It is just a transaction report.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 30, 2023
10:36 AM