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You mean the shareholder? That would depend on the kind of loss it is but PTO should handle that quite seamlessly if you made the input correctly.
What problem are you having specifically?
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My client has a K-1 schedule with a loss in the amount of $5,000.00 from an S Corporation.
Where do I enter that in his 1040 individual tax return?
I am working on his Federal 1040. Where do I enter the loss?
