In going through Turbo Tax step-by-step, I'm entering my K-1. It's asking me (as the corp dissolved this past year AND I show box 8c & 9 of my K-1), "Did your K-1 list any of your Unrecaptured Section 1250 Gain as coming from" with my option being "Disposition of an interest in a partnership". Do I click "yes" or "no"?
I am 50% shareholder. The corp dissolved and almost all monies were divided out to the shareholders. It's not a partnership; it's an S corporation. Which do I choose? (Does it matter?) Thanks!