thanks again Dave...I really do appreciate the help. I want to clarify though - are you stating that if my Schedule K-1 has an amount (let's say $5k) showing as Unrecaptured section 1250 gain (Box 9c) and the exact same amount also showing in Box 10 for Net Section 1231 gain (both of these are equal to the total gain) that Turbo Tax will add them together to show capital gains of $10k and thereby include both gains as an addition to my taxable income? Basically - even though my total gain from the sale is $5k, TT will show my capital gains of $10k because the gain is both 1231 and 1250? Is that right? Thanks again - I don't mean to be slow on the take - but this whole process is making me think I'll just pay to have them done for me going forward...maybe TT isn't sufficient in handling these types of things.
