Thank you all (@Anonymous_, @Mike9241, @Rick19744) for the fast replies!
@Anonymous_, I did not receive a final K-1 from the LLC yet, so good catch.
@Rick19744, I probably posted my question prematurely as the partnership has not provided me that information yet. As the date I sold my interest in the partnership, the partnership hadn't sold its assets, so I calculated my capital gain and unrecaptured section 1250 gain per the IRS look-through rules. Once I receive the final K-1, I'll do what you've indicated. With your response, I feel much better about being able to do this correctly in TurboTax.
Some background that isn't the primary focus of this post. Now that I'm no longer a member of the LLC, I don't have input into how the taxes are being done. In the past, I've caught some errors before the final returns have been submitted, so I went ahead and calculated my capital gain and unrecaptured section 1250 gain. Since I don't plan on receiving the K-1 until the last minute, I wanted to go ahead and see where all of the information will go, but I didn't consider that the data entered into TurboTax from the K-1 and additional statement from the partnership will/should have all of that information.
Thanks again!
