DianeC958
Expert Alumni

Get your taxes done using TurboTax

If you received a K-1 for the partnership and you sold your piece of the partnership in 2019, the K-1 you received would have a check mark in the box, Final K-1.  Since you still own shares at the end of 2019, you have not sold your piece of the partnership completely.

 

If you still own part of the partnership in 2020, you will still receive a K-1 for 2020, until you completely sell your piece of the partnership.  Once the K-1 you receive is marked Final K-1, then you can take any suspended carryover losses.

 

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