Irene2805
Expert Alumni

Business & farm

Your basis in the partnership is not calculated by TurboTax, nor is it tracked by the program.  It is something you (the partner) have to keep track of.

 

You might want to take the advice of AmeliesUncle and seek accounting advice, or see the IRS  Publication 541 -  Partnerships   The discussion of basis begins on the bottom of page 9.