@lourdes1040 

The bill just signed into law doesn't read like you stated it. You need to wait until the programs are updated per the IRS instructions not yet issued, for the Unemployment consideration.

Your client that got a K-1 from someone is not what you use to prepare a 1065. Someone used the business info to prepare a 1065 and issued that K-1 to all parties having an Invested Interest in the Entity. Or, you are the preparing the business tax return and it is 1065 because it operates as Partnership/Members. That means you are misunderstand what Disposition means?

Are you an experienced tax preparer or is this new to you?