gloriah5200
Expert Alumni

Business & farm

Yes, it would be considered a complete disposition if:

  • it is a final k-1 and
  • if all the investments were sold and
  • your investment was liquidated,

You should have received information provided to you with the k-1 as to the cash/property distributions received due to liquidation of your interest  to show on your return and how to do the calculations of it.