Business & farm

I am in a similar situation. My K-1 was generated by *Intuit's TurboTax for Business*. It populated Box 20 Code L but not Box 12. You seem to be suggesting that we change what was put into the K-1 by removing one or both of the values on the (now-filed) business forms. That doesn't seem like a solution.

Perhaps a better answer would look at the chart included in Intuit's Business TurboTax K-1 entitled "Partner's Disposition Report for all Assets with Section 179 Expense Taken"and tell us where / which columns from that chart should supply the answer to Code L.

For example, for each of the assets sold, do we total the (d) Gross Sales Price values and report it here?