PatriciaV
Expert Alumni

Get your taxes done using TurboTax

Yes, if you still own units in the PTP, you would choose the option for "disposed of a portion..." Otherwise, indicate this was a total disposition. As long as the dates of purchase and sale represent the same period of ownership (less than a year versus a year or more), you can use any combination of dates.

 

Any income reported on Schedule K-1 should be entered in the related boxes (and codes, if applicable). Interest income goes in Box 5; dividends go in Box 6.

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