AmyC
Expert Alumni

Get your taxes done using TurboTax

Describe the partnership screen- select Disposed of a portion of  my interest.

The second screen comes after selecting the disposed of portion and your entry is correct.

The third screen - You have marked that you sold your interest in the partnership for $49. You need to mark the amount paid to buy into the partnership in the Partnership Basis box, two below the sales price.

Selling expense would be for fee, commissions, other charges associated with the sale of the partnership.

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