@michelleterral You can ignore the K-1 and just treat the transaction like any other stock. The reason you can do this is that you didn't hold the partnership long enough to actually be allocated any of its gains or losses, so entering it into TT wouldn't change anything.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
