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How does Pro Series report the calc of excess dist's with K-1's issued by S-Corp's? Other software clearly states what must be reported as income on the SH's 1040.

From what I can see Pro Series is seriously behind in its ability to track basis for S-Corp's, Partnerships, etc.  It's almost a joke.
2 Comments 2
Level 15
Level 15
we've been asking for it for a looong time...still waiting.

Level 9
Level 9

Thank god for puce file folders.  I have to write note in on inside cover showing basis and at risk calculations for all p'ships and s-corps.  It is cumbersome but you can keep track yourself.