final K-1

Federal schedule E has no box to indicate final k-1so I don't know where you are looking to see such a box

So appreciate for your reply. It is not on federal schedule E. It is on the form call partner's share of income, credits, Deductions, etc. which for my records. Under FINAL K-1 AND AMENDED K-1 CHECKBOXES, the final K-1 box is not checked.

You need to go back through your Schedule K-1 entry and mark that the partnership ended in 2022 on the Describe the Partnership screen.

You can get to the section to enter a Partnership K-1 in TurboTax Online by following these steps:

1. Sign in to your TurboTax
2. Open or continue  your return
   • Choose a section from the TurboTax menu and select Pick up where you left off
3. Using the search bar, type K-1 and select the Jump to link from the search results
   • Note: If the Jump to link doesn’t work, select the Federal tab, then under S-corps, Partnerships, and Trusts, select Wages & Income
   • Select Revisit or Start next to Schedule K-1
4. Answer Yes to Do you want to review Schedules K-1 or Q? and follow the prompts
5. This will take you to the Schedules K-1 or Q screen
6. Continue to the Describe the Partnership screen and mark This partnership ended in 2022
7. Verify/enter the rest of your data from the form

To enter in TurboTax CD/Download:

1. Sign in to your TurboTax
2. Open or continue  your return
3. Using the search bar, type K-1 and select the Jump to link in the search results
4. This will take you to the Schedule K-1 and Schedule Q screen
   • Note: If the Jump to link doesn’t work, select Personal, then Personal Income
5. Select I’ll choose what I work on and continue until you reach the screen, Your 2022 Income Summary
6. Select Start next to Schedule K-1 under Business Investment and Estate/Trust Income
7. Answer Yes and follow the prompts
8. Continue to the Describe the Partnership screen and mark This partnership ended in 2022
9. Verify/enter the rest of your data from the form

@KXBG4746 

Big help!  After reentering the K-1, I noticed I have to select "liquidation of the partnership interest" which led me to the final K-1, since it is one-time distribution and the partnership discontinued during 2022.