IRonMaN
Level 15
03-14-2024
09:01 AM
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It's a problem that seems to be popping up more and more this tax season. For the one I had, I left the former shareholder's K-1 in the software with zero percent ownership. If you catch it early you could make a copy of the prior year return, delete the former shareholders, adjust the percentage of current shareholders and re-transfer the return. But that is a lot of extra work if you have the current year return basically done already.
@IntuitGabi since there have been a number of posts about this issue this year, is this on anybody's radar at ProSeries?
Slava Ukraini!