How can I keep track of Partner Basis on his/her 1040
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In the K-1 input screen there are basis info inputs
Do you mean the Basis Limitation and Share of Liabilities sections? Does lactate 1040 has a basis schedule to print out? Thank you.
Yes and Yes
One more question. To print out basis schedule, Go to Setting \ Tax return \ change basis schedule to 'eith always with statements/worksheets' if I want to print it always. Right?
Yes
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