Solved
Sale of Partnership shares to a third party
I sold my 1 share in a LLC partnership to a third party, how do I record the loss in turbo tax?
You can report this sale under the Schedule K-1 topic. Choose the K-1 you need to work on and follow the interview. On the page "Describe the Partnership," check the box for "This partnership ended in 2023," because for you it did. Follow the interview to report the sale information.
Before you work on the sale, record the current year information from Schedule K-1 and adjust your basis accordingly as you will need that information as you complete the sale entry.
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