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Partnership k-1 Line 20AB where is this gain reported on the 1040

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Level 1

Where do you report a section 751 gain on a 1040 tax return.

The amount was reported on a partnership K-1 AB

The partnership is not publicly traded partnership.

 

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2 Replies 2
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Level 2

You put it as 4797 gain in the K-1 section A, line 8d is how I resolved it.

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Level 4

Where did you enter it originally - or did you just do an over-ride on the 4797?

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