EFTA01221919.pdf

Schedule K-1 Sqhedule K- Partnership 2017 (Form 1065) AddMonal 1information For Box 20, Code L and Sale of Partnership Interest • Keep for your records Name(s) Shown on Return Social Security Number Partnership Name Part i Disposition of Assets for which Section 179 Expense was Passed Through Sales to be Reported on Form 4797 (a) (b) (d) (t) (9) (I) (1) Description Date Gross Cost or Depreciation Sec179 Disallowed acquired sales basis. plus allowed or deduction Sec 179 price improve- allowable deduction (c) ments Date (e) Expense (h) AMT (k) sold of sale Depreciation Real Prop. I I Total Gain (Loss) to be Reported on Form 4797 Regular AMT 1 Section 1231 gain (loss) 2 Ordinary gain (loss) Installment Sales to be Reported on Form 6252 (a) (c) (e) (9) (I) (k) (m) Description Date Gross Cost or Depreciation Section Principal acquired sales basis allowed or 179 Payments price allowable expense (b) Double-click to (d) (f) Mortgage (h) Sale 0) AMT (I) Sec179 (k) link to Form 6252 Date sold Assumed Expense Depreciation Disallowed Real Prop. O Part Disposition of Partnership Interest 1 If disposed of partnership interest in 2017, check box la. lb, or lc, whichever applies: a Check if complete disposition in fully-taxable transaction If box 1a is checked, indicate type of disposition: (1) Check if sold partnership interest . (2) Check if abandoned partnership interest tr. (3) Check if liquidated partnership interest e. (4) Check if transferred partnership interest because owner died (see help) ri- b Check if gifted partnership interest (see help) *- c Check if sold on installment basis (complete Form 6252, do not complete lines 2 through 12) . . . ii• 2 Date disposed of partnership interest ... 3 Date acquired partnership interest I. 4 How acquired partnership interest r.. NOTE: If this is a full or partial disposition of a publicly traded partnership (PTP) or master limited partnership (MLP) that was reported to you on a Form 1099-B, enter a sales price of zero on line 5 and a basis of zero on line 7 below. Enter the 1099-B transaction on Schedule D, checking the appropriate "Reported on 1099-B" box A or B. See Help. Regular Alternative Minimum Tax 5 Sales price (If box 1a(4) is checked. enter estate valuation.) 6 Selling expenses 7 Basis of partnership interest 8 Total gain (loss) 9 Ordinary gain (loss) 10 Short-term gain (loss) 11 Long-term gain (loss) 12 Unrecaptured Section 1250 gain included in long-term gain EFTA01221919