TaxGuyBill
Level 15

Yeah, Intuit is severely negligent with Basis limitations in ProSeries.

Enter a second K-1 for the corporation, but rather than entering the corporation name, title it as "PYA".  And enter the allowable loss on that.

https://www.irs.gov/instructions/i1040se#en_US_2022_publink24332td0e1875

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