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April 9, 2025
Question

Partnership Sale in Turbo Tax Business

  • April 9, 2025
  • 0 replies
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I had invested in a  partnership within my own partnership in which I sold my interest in this partnership to another investor.  Where in Turbo tax business can I record the sale.  I need to record a section 751 (a) gain, a 1250 Gain and net capital loss since this sale included Hot assets. I do not see anything in Turbo tax business specific to the sale of a partnership.