If you correctly tell TT that you've ended the partnership, and sold all shares, it will handle all aspects of the K-1 and any suspended losses. As for entering the sale itself, be careful that it isn't double-counted. This thread discusses the issue:
https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-i-report-the-sale...
You can verify that everything is handled correctly by looking for the released losses on Sched E, any Ordinary Income on Form 4797, and the correct Cap Gain on Sched D
**Say "Thanks" by clicking the thumb icon in a post
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
