- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
We bought and sold an ETF in 2021 and received final K-1 form. According to your suggestion, we reported the sale on IRS Form 1099-B Proceeds. When doing K-1 entry, we selected "This partnership ended in 2021" at the screen of Describe the Partnership and "No entry" at the screen Describe Partnership Disposal. But in the view of K-1 form in TT, Final K-1 box is not checked though this is a final K-1.
When I went back to edit K-1 entry, "This partnership ended in 2021" was not checked though I definitely checked it earlier.
Do I have to choose "Complete disposition" instead of "No entry" even I already reported the sale in 1099-B?
‎April 3, 2022
7:37 PM