Thx in advance
Level 2
01-28-2021
04:19 PM
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I have a client with a S corp loss, but no basis. When I enter the K-1 with the loss in the 1040, it populates the loss on Schedule E. How do I show that there is no basis and get Schedule E to show zero. Where does the carryover loss show in Proseries?
Best Answer Click here