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Get your taxes done using TurboTax
the other option is to list the liquidating distribution as the sales price in the disposition sunsection. Your basis would be computed before that distribution. The two should be equal, so no gain/loss will be zero
you might want to read this
https://legalclarity.org/tax-treatment-of-a-liquidating-distribution-from-a-partnership/
March 2, 2026
8:32 PM
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