I inherited units in an apartment complex limited partnership and have gotten k-1 income each year. This year they sold the apartments and dissolved the partnership.
They reported the distribution on the k-1, and I can't seem to find where
1) I enter that this is the Final k-1 and
2) How to make the software calculate my stepped up cost basis at death of my father
It ooks like it is taking my numbers and then adding back in the ordinary gain (1231)
Anyone have any ideas to reduce the remittance?
