Deductions & credits

Mike2491-

I split the K-1 into two pieces and followed the procedure that you laid out to enter the transaction into TurboTax,   It worked perfectly.   The 1231 loss did not show up on Form 8582 or Schedule E, but did appear on the now generated  Form 4797.  The 1231 loss now flows thru to reduce 2023 taxable income.  Thank you so much for your help and follow thru on this.