abctax55
Level 15
04-06-2022
06:10 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Ask the preparer of the S-Corp return.
Ask your client.
Recreate the info from looking at all years that the K-1 has been provided (that ownership has existed.
Bonus - determine if there's any 'outside' basis.
HumanKind... Be Both