TaxGuyBill
Level 15
09-25-2021
08:33 PM
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@TinaEA wrote:
I understand that .....but its still frustrating....and from what i have found out from my colleagues using Drake....Drake limits the raw K1 Line 1 losses and does a nice carryforward worksheet automatically.
I still think ProSeries Professional should have this capability.
Most professional tax software has that capability. All professional tax software SHOULD have that capability. But unfortunately, ProSeries does NOT have that worksheet or ability to automatically limit losses due to Basis.