Mike2491-I split the K-1 into two pieces and followed the procedure that you laid out to enter the transaction into TurboTax, It worked perfectly. The 1231 loss...
I triesd your suggestion. I disposed of the entire partnership covered by the k-1. It did not work. No 4797 was generated and the 1231 loss was not recognized c...
Good thought and I think I have enough info to provide the numbers. However, Turbotax only provides the option to dispose of a partnership interest rather than ...