Trey
Level 3

Does Receiving a "Final K1" mean "this partnership has ended" and it is a "complete disposition?"

I had a real estate investment that sold in 2022.  I was a limited parter in this deal (passive investor).  The K1 is marked "final K1."  In turbotax it asks if “this partnership ended in 2022” and if this was a “complete disposition."  If the property sold in its entirety and my K1 is marked as final K1, is it safe to assume that the answer to “this partnership ended in 2022” is YES and that this was a “complete disposition?"