TaxGirl3
Level 5
09-28-2022
05:05 PM
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Trust receives a K-1 reporting a loss that should be limited by the basis limitation (K-1 from an 1120S to an ESBT). Is there a way to track that in Lacerte? Or do I rely on Excel and only input in Lacerte amounts that are not limited by basis?
Thank you!
Best Answer Click here
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