I sold my full interest of a non-publicly traded partnership so there was no Sales Schedule provided. I am not sure how to input the information for this sale....
What amount do I use for proceeds (#19 Distribution had no amount -- we were told that the redemption value was the Ending Capital Account amount as shown on the K-1. The K-1 isn't marked FINAL)
How do I enter the detail of the Line 11S (Non-Portfolio Capital Gain Detail) which breaks down the Short-term and Long-term capital gain amounts) Do I have to manually these amounts on on Form 8949?
This step also caused the doubling up of amounts because of what I have entered in the Sale section of the K-1....so I am so "lost"!!!
Please help me to exit this "purgatory" of K-1. Thanks very much!
