Firstly, unless you "elect out" by the due date of your tax return, the sale of your partnership is treated as an Installment Sale by the IRS because you'll receive at least one payment after the tax year in which the sale occurs. See IRS Topic 705 for an overview of Installment Sales.
Secondly, the calculation of your gain on the sale of your partnership is typically more complicated that the difference between the sale price and your original investment. So, you'll need to calculate your adjusted basis in the partnership to know the total gain you must report. Refer to this section of IRS Publication 541 for the Adjusted Basis rules for a partnership.
TurboTax can calculate the correct amounts in your tax return, once you know the variables and whether you want to elect out of installment sales treatment.
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