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June 5, 2019
Solved

Should a limited partnership disposition be recorded on Schedule D or on the K1 worksheet

  • June 5, 2019
  • 1 reply
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Best answer by MichaelL1

If it is full disposition of the K-1 interest, I like to show it in the K-1 area, as my basis in the K-1 should already be there.  

TurboTax will then carry the amounts to the correct schedules.

I had this question a few days ago and below is the link, that may be very helpful for you.

https://ttlc.intuit.com/questions/3745741

1 reply

MichaelL1
MichaelL1Answer
Employee
June 5, 2019

If it is full disposition of the K-1 interest, I like to show it in the K-1 area, as my basis in the K-1 should already be there.  

TurboTax will then carry the amounts to the correct schedules.

I had this question a few days ago and below is the link, that may be very helpful for you.

https://ttlc.intuit.com/questions/3745741