frank1
Level 3
02-04-2022
11:00 AM
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The problem is we should not have to manually prepare the form. Proseries has known the form is coming. You would have thought they would have been a bit proactive based on the irs draft and been in a position to tweek it once IRS finalized the form.
And if the programmers are not competent enough to have the form ready in a timely manner, you would hope they would provide some guidance re: alternatives that IRS would accept. We have always attached a pdf of the basis worksheet (from the S-corp module) to the 1040. It would be nice to know if that would be acceptable to IRS for this first year.