1208508
I have entered a loss on a dissolved partnership but the loss does not appear on form 8949. any hints as to what I may have done incorrectly?
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How did you enter the transaction into TurboTax? Also, did you receive a K-1?
Using info from a K-1. Partnership was dissolved by year end 2019. K-1 shows a basis and ending capital account with a positive number. K-1 notes that it is a final k-1. In TurboTax I checked the box for “disposed a portion of my interest” then indicated that I sold my interest receiving zero and noting the ending capital basis. This then shows a capital loss, but the loss does not carry to form 8949 as a Sale of a Capital Asset and therefor no benefit carries to the calculation of taxable income.
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