you have to make entries for the disposition through the k-1 disposition info. worksheet. not using this section would only apply if the disposition was reported on 1099-B which I assume it wasn't because it was private
in the basic K-1 chceck final k-1
check one of the reasons - discontinued
or you sold your entire interest
now you need to enter the disposition info
in the disposition worksheet
check complete disposition
enter dates acquired and disposed
choose method of acquisition
enter sales price
enter basis
enter ordinary gain if any (must be furnished by the partnership if it applies)
enter any section 1250 recapture included in long-term gain (again furnished by the partnership if it applies)
