I received a K-1 for an LLC Partnership, with capital gains reported on line 9a. On a subsequent page of the K-1, there is a note indicating that a portion of the capital gains is subject to the QSBS exclusion. My question is how to best report this in Turbotax (Turbotax Deluxe 2024 Desktop software on a Windows PC). I have heard one recommendation that I subtract the QSBS exclusion from 9a, and report it as a separate QSBS sale, as if it were instead reported on a 1099-B. However, won't that trigger an audit, when my own K-1 gains do not match up with the partnership form sent directly to the IRS? Is there a better way to report this with Turbotax?
THANK YOU!