Yes, a glitch, this is ultimately what I ended up doing, completely backing out the exchange, that seems to remove the all the forms, restarted the exchange and each step checked that the 4794 did not show up again, and then when I completed it, there was no cap gains on the K-1. Thanks to all, I probably would have gotten there eventually! I will try to close this out directly with TurboTax Support since I have a call in with them also.
Now I just need to understand FMV determination better to provide the best "defensible" numbers for the relinquished and received properties. If anyone has good suggestions for that, I would be grateful for the information.
