dsfcpa
Level 2

On Schedule K-1 for  year 2019, there is a new section, Box N - Partner's Share of  Net Unrecognized Section 704(c) Gain or (Loss).  The beginning balance is $100,000.  The ending balance is $400,000.  Where do we enter this information in Lacerte?  
Is this just for informational purposes?  
Does this information need to be reported anywhere on the 1040?

Is this taxable?