I'm a little late but I am working on my return. I've read the other messages but I am still a little confused. If I indicate that this is a "Final K-1", it then asks for what type of transaction on the K-1 worksheet. I am thinking that this is not a taxable sale which is not an option. I could put the purchase and sale dates (although it doesn't seem to be a taxable sale), the proceeds and then use the proceeds as the basis in order not to trigger gain or loss. Am I doing this right or is there another method?
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