Taking Suspended Passive Loss on Complete Disposition of Publicly Traded Partnership

[pschafer531]

I have a cureent year passiv loss on a publicly traded partnerhsip K-1. The clinet completely disposed of this interest in 2024. However, ProConnect is suspending the passive loss due to passive loss limitations (not due to basis or at-risk limitations). How do I get ProConnect to recognize that the interest in the PTP has been completely disposed of and to recognize the passive loss this year?

[abctax55]

How did you 'tell' PTO that it was a complete disposition?

In Lacerte, it's done by checking the box "delete for next year".