BrittanyS
Employee Tax Expert

Business & farm

To enter the sale of partnership interest in TurboTax, follow these steps:

 

  1. Sign into TurboTax
  2. Select K-1 for Partnership
  3. Enter Partnership Information
  4. Under "Description of Partnership" mark the box for "Disposed of a portion of my interest in partnership (see screenshot below)
  5. Under "Tell Us About Your Sale," check the box for "Sold Partnership Interest."
  6. Enter the sale information. You need to know your partnership basis in order to complete this section.

@gdohert 

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