My thoughts on your questions:
- You didn't sell your partnership interest. While the partnership sold its only asset, it then reported this gain to the partners and then liquidated.
- Based on the above, I would think you would get different boxes and questions if you change your response to "liquidated"
- The unrecaptured section 1250 gain just belongs in the section when you report your K-1 information. This amount will then be used by TT when determining your gain; as unrecaptured section 1250 gain is taxed at a maximum of 25%.
- Let me know if after you change the disposition selection you still have questions.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
