You are supposed to send a statement on basis when you have an S Corp distribution. Lacert isnt including it in the government copy. I hit default to reset what prints.

taxlady2008 · ‎12-07-2019

George4Tacks · ‎12-07-2019

You should give a basis worksheet to each shareholder with their K-1. That is not included in the government filing.

Here's wishing you many Happy Returns

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