We received our Final K-1 for a limited partnership that we had invested money in a few years ago. It was a real estate partnership, and the land was sold in 2021, so the partnership no longer exists. When entering the information into TurboTax, I selected "This partnership ended in 2021." The next page asks:
Choose how you disposed of this partnership/LLC.
Do I choose:
- Complete disposition
- Disposition was not via a sale
- Sold and am receiving payments
I am assuming I should choose "Complete disposition"? We already received our final payments for this partnership and will not receive any more.
