Birdie
Level 1
02-01-2022
01:54 PM
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I have 25 shareholders in an S Corp. Some purchased stock 10 years ago and don't know their bases. Many have outside basis. I do not prepare any of the individuals returns and have told the individuals that their tax preparer is responsible for determining their basis. How do I delete the S Corp basis schedules on the 1120S since they are very likely to be wrong.
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