@turtax_live If you've been following the instructions on ET, you've been splitting the K-1s each year so that the 3 companies, and their respective box 1/2/3 incomes, are all on separate K-1s. If so, then you'd just "sell" each of them by checking the "This partnership ended in 2023" box, then "Complete disposition". For K-1s that report Ord Gain, you'd have to do the entries so that no Cap Gain is reported by the K-1 (Enter ord gain for Reg and AMT purposes, its inverse for basis, and 0 for sales price). Otherwise, you'd just enter 0s.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
