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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:
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.
‎April 11, 2023
11:43 AM