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The above suggestion of changing the loss entered on the K-1 worksheet to the allowable loss computed on Form 7203 (basis limitation) does work. It seems like t...
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What about the QBI deduction? Do you also enter the allowed loss from 7203 on the QBI section? If so then it seems like you manually need to track and modify th...
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Is there a way in Proseries to have the software apply a S Corporation loss limitation due to basis, as computed on Form 7203, to the Schedule E, Page II and ul...
