ElMendo
Level 2
Member profile
- Replies
- Posts
-
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 ...
Activity Feed for ElMendo
- Posted Re: 1231 Losses on Deductions & credits. August 1, 2024 4:31 AM
- Tagged Re: 1231 Losses on Deductions & credits. August 1, 2024 4:31 AM
- Posted Re: 1231 Losses on Deductions & credits. July 31, 2024 4:05 PM
- Tagged Re: 1231 Losses on Deductions & credits. July 31, 2024 4:05 PM
- Posted 1231 Losses on Deductions & credits. July 31, 2024 11:15 AM
- Posted Re: 1231 Losses on Deductions & credits. July 31, 2024 9:22 AM
- Tagged Re: 1231 Losses on Deductions & credits. July 31, 2024 9:22 AM
- Posted 1231 Losses on Deductions & credits. July 31, 2024 8:50 AM