PAGB
Level 4

Business & farm

@PatriciaV   Many thank for your responses. I have a similar predicament.

 

Still a little confused since I'm getting conflicting info so any help is much appreciated from anyone.

 

Our K-1 has the box "final K-1 checked" and it is a PTP.

Transactions  reported on 1099-B so we don't want to report the sales on the K-1 in order

to avoid duplication.

 

We received the K-1 because we bought stocks (ETF's). The stocks were all bought and all sold last year (2021).

 

PatriciaV if I understood your response  correctly the sell of all the stocks would be considered "sold our interest in the Partnership" and so we would choose "Disposed of a portion of my interest" and NOT  "Complete disposition", correct?