FMV of assets in 1065 distributed to partners

[MP91]

We are dissolving pass through partnership LLC. Form 7217 in 1040 for partners requires a fair market value of assets (section 179) to be supplied by partnership. What form in 1065 will generate a FMV of assets (section 179)?

[MelindaS1]

FMV refers to the current re-sale market value (price) of the distributed assets at the time they are distributed to the partners; it isn't calculated in the software, it is accounted for. Per the instructions for Form 7217, the FMV of distributed partnership assets is figured at the partnership level; as you're doing this altogether, the IRS definition of Fair Market Value may be of help:

Fair market value (FMV).

FMV is the price at which the property would change hands between a buyer and a seller when both have reasonable knowledge of all the necessary facts and neither is being forced to buy or sell. If parties with adverse interests place a value on property in an arm’s-length transaction, that is strong evidence of FMV.

A formulation might be, "what would an appraiser say these assets were worth" on the date of distribution.

[MP91]

You are not answering my question. I know what is FMV and how to find it on eBay or elsewhere. My question is what form in 1065 I can use to generate the list of assets with FMV so I can get it to partner who will  enter it in form 7217

[MelindaS1]

This should be printed in the statement notes on the partners' K-1s. In TurboTax Business, you can find this in the Forms view > Sch K-1 Wks > Schedule K-1 (Partner Name) > Supplemental Information Smart Worksheet "Information specific to this partner should be entered here." 

There, you can distribute each partners' property description and values to them pro rata.