I am struggling with this as well.
I am using the desktop version of TT on a Mac. The sale is a complete disposition/Final K-1.
After following Mike9241 's very clear instructions on the entry of K-1 information in the disposition section of the K-1 form ("K1P Addl info" worksheet form in TT) the info doesn't "flow to form 4797 line 10 and is taxed as ordinary income". Instead it flows to a new 8949 as a Box F sale (Long term transaction not reported on a 1099B). This ends up being a second entry of the sale, only this time with amount of recaptured gain from Column 7 of the K-1 Sales Schedule being Long-term gain.
I have filed an extension so I have time to sort this out, but it's driving me crazy. Help please!
Thanks,
Stuart
