- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How to input final distribution from a private limited partnership ( I was limited partner)? and should this qualify as long term capital gain?
when I indicate the limited partnership ended in 2017 turbotax is asking specifics about the sale, which I dont have access to as a limited partner. (ie sale price date etc) I only received a k1 indicating my share of 1231 gain, unrecaptured 1250 gain, and an amount in box 19A indicating my distribution . The underlying investment/sale was sale of rental real estate. This limited partnership was formed over 20 years ago.
Topics:
‎June 6, 2019
10:14 AM