Micibug
Level 1
07-18-2025
10:16 AM
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Hi all! This is driving me insane. I am preparing a 2024 partnership return for a client with a 754 election and 743(b) basis adjustment. I cannot for the life of me locate the input to enter information about the basis adjustment so Box 20 with Code U so it will populate on the applicable K-1. Can anyone direct me on where to find the input for this information?
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