How do I report a distribution from a partnership in excess of my basis?

A distribution in excess of your basis is taxable and should be reported in the Investments and Savings section:

1. Select Add Investment
2. Select Other Sales
3. Enter the name of the partnership
4. Select Other
5. Select One at a time
6. Select I didn't get a tax form
7. Enter the name of the partnership for Investment Description
8. Enter the date you acquired the partnership interest as Date Acquired
9. Enter the date of the distribution as Date Sold or Disposed
10. Enter the distribution amount as Sale Proceeds
11. Enter the adjusted basis in the partnership immediately before the distribution as Cost or Other Basis