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FINAL K1
I have limited partnership in Energy Transfer and received both a Final K1 and a second regular K1. When I contacted tax support of the company she told me the reason I received two K1s was because we transferred the shares from an Ameritrade joint account to a Schwab trust account. This generated the two K1s since they were different types of accounts. I asked if I had to report a sale of my 200 shares from Ameritrade since it is marked "Final K1" but she said no because it was considered a transfer not a sale. (Ameritrade did not list it as a sale on my 1099B). But when putting the final K1 info into TT won't they consider it a sale since it is marked FINAL???? Or would I check disposition was not via a sale. I would appreciate any help on this matter as not sure how to handle the Final K1. Thank you