The final K-1 of a dissolved partnership includes a "Disposition of assets with Prior Section 179 Expense" that lists the asset description of "Abandonment of leasehold improvements." There was no "sale" because the partnership had no value. But was the entire disposition an "abandonment?" Turbo Tax says, "if you're not sure, choose "Sold Partnership Interest," but choosing "abandoned" yields $500 in tax savings for some reason.
