Get your taxes done using TurboTax

usually the 1231 gain line 10 of the k-1

 

 

if box D on the k-1 is checked the description will be from PTP otherwise from k-1.

the k-1 has no details for columns b through f only the net is reported on the k-1

no "capital gain" on line 11 should transfer to the 4797 

 

 

you are correct Turbotax just transfers totals to the 4797. not even a calculation worksheet to show how multiple k-1s add up to the total.

 

i think better form would be to list each k-1 amount separately with the name but this is the way it's been doing it for decades.