@stevew7 You don't want any Cap Gain/Loss information in the K-1 sale information. The sales price is $0, and the Cost Basis is the inverse of the Ord Gain. When you go to the next screen, where it summarizes your gain on the sale, it'll show $0 Cap Gain.
You account for the cap gain over in the 1099-B interview, by adjusting the cost there.
On your other questions
- Add the AMT adjustment to the Ord Gain to figure the AMT amount
- The bonus depreciation adjustment only applies to the state return, and only in states that are 'non conforming'. You can google to determine if your state is non conforming. If so, bonus depreciation is handled differently but how to enter the adjustments will depend on the specifics of the state (and is outside my expertise).
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
