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Get your taxes done using TurboTax
just an FYI. - ordinary income on disposition would not be on the k-3. if there was any it would likely only show up on line 20AB of the K-1 and the supplemental sales schedule you should have received because your tax basis is not what the broker reported on the 1099-B it's your purchase price + income or - loss that should be the same as section L current year net income/loss less distributions line 19A + any ordinary income on disposition.
** Thank you for your help, and pointing out my misunderstanding. The 3 final K-1 20AB are all 0, the one without final K-1 box checked, 20AB came in positive numbers. Under BOX L the Partner’s Capital Account Analysis the Ending capital account is positive after Capital contributed during the year, Current year net income (loss) (I have a loss on this column) , Other increase (decrease) (attach explanation) and Withdrawals and distributions are calculated.
Describe the Partnership: I check ALL of my investment in this activity is AT RISK. Do I need to check I have passive activity losses carried over from last year, or is that for next year filing 2023 taxes?