@guohaiyi0527 You've done everything right except perhaps one part of the K-1 entry.
When you enter the K-1, on the screen that says "Describe the Partnership", you'll want to check the boxes "This Partnership ended..." and "Disposed of a portion..." (as well as the top box "This is a publicly traded partnership").
You want to check those off so that TT doesn't prompt you about the K-1 next year, and because some elements of the K-1 can be handled differently when you sell vs when you just hold.
But as a result of checking those boxes, TT will ask about the sale itself. This is where you'd give it 0 for proceeds and 0 for basis. Otherwise, if for example you gave it the info on the 1099-B, it will create its own 1099-B and double count what you've already done.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
