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Business & farm
To enter the sale of partnership interest in TurboTax, follow these steps:
- Sign into TurboTax
- Select K-1 for Partnership
- Enter Partnership Information
- Under "Description of Partnership" mark the box for "Disposed of a portion of my interest in partnership (see screenshot below)
- Under "Tell Us About Your Sale," check the box for "Sold Partnership Interest."
- Enter the sale information. You need to know your partnership basis in order to complete this section.
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ā€ˇFebruary 10, 2025
6:55 PM