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Returning Member
posted Mar 25, 2025 11:19:11 AM

Sales price and Basic of partnership interest

Cedar Fair/Six Flags merger July 1, 2024 and I got final Schedule K-1.  TurboTax asked me:

 

1)  Sales price (If Box 1a (4) - How acquired partnership interest  -> Purchased) is checked , enter estate valuation).  What should I put down?  Those are stock not estate??

2)  Basic of partnership interest?

 

Please advised me how to complete those 1-2 entries above

 

 

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1 Replies
Expert Alumni
Apr 1, 2025 7:00:02 PM

I recommend you refer to the following for information on how to report your final K-1 for Cedar Fair and how to calculate you basis in your partnership interest:

 

Pre-Merger Cedar Fair, L.P.

 

FAQs: Cedar Fair / Six Flags Merger