Loss on sale of partnership sale

johnvitojr — Tue, 10 Feb 2026 10:23:56 GMT

I sold my share in a partnership for a loss, to a third party. How do I enter the transaction into Turbo tax

Re: Loss on sale of partnership sale

Mike9241 — Fri, 01 Mar 2024 04:02:45 GMT

that's a capital loss entered in the investment section. for proper reporting you'll need to know your outside tax basis - that's your cost/basis for determining gain/loss. Different reporting is required if this was a Publicly Traded Partnership (PTP). BOX D ON the K-1 would be checked

topic Loss on sale of partnership sale in Get your taxes done using TurboTax

Loss on sale of partnership sale

Re: Loss on sale of partnership sale