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SCorp Shareholder Basis - Not transferring correctly to 2024 Proseries

amber1
Level 1

S-Corps with multiple shareholders do not seem to be carrying basis over correctly from the prior year.  Its like everyone's basis is scrambled and put on someone's else stmt and then the last person shows no basis at all.  This is a major issue.  Is anyone else having this problem?

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1 Comment 1
Just-Lisa-Now-
Level 15
Level 15

Its been reported, this is what Ive been told to pass along

The ProSeries team is needing more information. Sign into the community https://accountants.intuit.com/community/ and select the envelope on the right hand corner. Type in "IntuitGabi" and send her a message on this topic so she give you information on how to send a Sanitized file for research 

 

https://accountants.intuit.com/support/en-us/help-article/other-articles/sanitize-client-file-proser...


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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