Trey
Level 3

Investors & landlords

@Rick19744, thanks for your response.  After I click "complete disposition," I get several options to choose from, incluidng both "sold partnership interest" and "liquidated parternship interest."  Regardless of which I choose, I get the same screen afterwards:

Screenshot (226).png

 

I agree with your logic and will select liquidated.  Thanks for clarifying about where to put the 1250 gain in the software as well.  

I hope this will be the last of my questions on K1 sales, tax basis, etc. this year.  I want to thank you for all your help.  Truly appreciated.