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K1 - Limited Partner on LLC which was disolved this year - Partnership ended?

Hi,

I had invested in an apartment syndication deal as a Limited Partner (Partnership LLC).

I received my K1 for this year with the reporting of the distributions due to the sale.

When turbotax asked, "Describe the Partnership"  I selected: This partnership ended in 2022, because the LLC was dissolved.

But then it asks  Choose how you disposed of this partnership?

- No Entry

-  Complete Disposition

- Disposition was not via sale

- Sold and am receiving payments

What should I answer there?

 

 

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1 Best answer

Accepted Solutions

K1 - Limited Partner on LLC which was disolved this year - Partnership ended?

 Disposition was not via sale

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1 Reply

K1 - Limited Partner on LLC which was disolved this year - Partnership ended?

 Disposition was not via sale

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