I have a similar situation (received a final K-1 1065 from a partnership), which reports final earnings/expenses from 2020 tax year. In 2020 the partnership management sold off all remaining assets, effectively liquidating the business, and this K-1 reflects the final reporting of gains and losses attributable to partners based on their relative ownership %. There was no independent sale by me as a partner to sell to sell my portion of the partnership to a third party, therefore no sale date/sales price to report. Therefore initially I agree that in the TT program I need to fill the radio button for No Entry. (the option for Disposition not via sale triggers a screen to enter purchase date & sale date)! However, when using the "no entry" TT does not record that the K-1 is a final K-1 (based on viewing the K-1 in forms view). And that seems incorrect. But if I manually check the " final" box in forms view, then go back to step-step, including running Smart Check....smart check then notes an error where it is looking for information about disposition as a sale, which is also incorrect. Catch-22???
