@Rick19744 thank you very much for your input. This was an active partnership and I had used TT Premier as well in the past few years to enter this K-1 information. I recall seeing negative amount in the past K-1 statements, I was told that I need to pay that as recapture since the partnership is sold for profit in 2023. I understand that I had gotten some benefit in the past but the final distribution is less than taxes paid for the 2023 year. Thanks again for your help.
