Business & farm

It depends.  For a partnership, in TurboTax Business you will go to the Business Info tab, and select the Shareholder/Partner Information link.  You will be able to select a box to indicate a partner has left the company this year.

Similarly, for a shareholder in an S-Corporation or C-Corporation, in TurboTax Business, go to the Busness Info tab, and select the Shareholder information link.  You will be able to indicate this was the last year a shareholder had shares in the Corporation.