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How do I report the sale of my partnership interest?
That answer said I could "Check final K-1 (s/b marked on actual k-1)". However, I cannot find that option. I have sold my shares in the Partnership, but the Partnership is not being closed. The only option available is "This S-Corporation Ended". Will I get into trouble if i select that option? How do I handle the proceeds from the sale of my shares?
March 16, 2024
4:22 PM