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- K-1 export to 1040 without notification
K-1 export to 1040 without notification
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Strongsilence-C
Level 10
04-07-2024
07:59 AM
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I made changes to AAA and Shareholder basis in the 1120S. Net income did not change. I ran the K-1 export. I opened the 1040 but did not see the schedule of K-1 changes. So, I learned that if net income doesn't change then that list of K-1 changes will not appear.
I'm on it this morning, mentally. Happens occasionally. Ha.
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