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Level 6
April 1, 2022
Solved

Proseries - how to report gain on sale of partnership interest in 1040

Hello, client has K-1 with Box 19 Distributions filled in. In the notes and basis calc, there's a gain on sale of partnership interest amount. How do I report this in Proseries? Thanks!

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Just-Lisa-Now-
Intuit Community Champion
April 1, 2022
once you mark that K-1 as final, it should force you to use Page 2 of the K-1 worksheet and report the sale.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

1 reply

Just-Lisa-Now-
Intuit Community Champion
April 1, 2022
once you mark that K-1 as final, it should force you to use Page 2 of the K-1 worksheet and report the sale.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪