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Screen KYK1Sale - KY Passthrough Schedule K-1 - Sale of 179 Assets (1065)
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Overview
Use this screen to enter sale information for asset dispositions that were separately stated from a passthrough entity in which the partnership is a partner. The Kentucky version of Form 4797 isn't completed for these types of asset dispositions. Instead, each asset disposition is separately reported to the partners on Schedule K and Schedule K-1. Amounts that appear in the KYK1PT screen are automatically transferred from the federal K1Sale screen.
General Information
The information in this section applies to sales of assets that were passed through from the partnership to the partners.
Treatment
Choose the force code that describes the nature of the asset.