Thanks, Lisa. I saw that. However, I thought that even though forms weren't ready for print, that you could still select the form but it was marked as not ready. I thought I might have done something wrong. 🙂 Thanks, again.

I, too, can't find the calculation for Form 1120 late payment penalty and interest. Unlike the Late Penalty form for a 1040, PS doesn't appear to have a late penalty form for form 1120. Has anyone found the form that does the calculation and prints it at the bottom of Form 1120? Thanks.

Jeff, I just tried that but line 17a doesn't allow any entries. The result comes from the line 17a Recapture of Other Credits Smart Worksheet and F 8828 isn't one of the entry lines. If I override line 17a then I still won't be able to e-file because there will be an e-file error. If I uncheck the e-file check errors box will I be able to e-file with the overridden entry? If not, how did you get it to work? Thanks.

That worked! Thank you. I don't understand why the PS instructions don't say to enter it that way. When I followed the PS instructions, the type of activity changed from "Nonpassive" to "Former" after I entered the loss carryforward on the K-1 worksheet in Section A column b. All the information is available for PS to track the loss carryforward and to report the PYA correctly on Sch E pg 2. I don't understand why we have to spend so much time figuring work arounds to properly report basis limitation. Oh well, I'm done griping. I know it won't change anything but I feel better. Thanks for your help.

Has anyone figured a way to incorporate the 80% NOL limitation for 2021 in the PS program? Client has a 2020 NOL carryforward and an NOL in 2021. Are both year NOLs limited to 80% of taxable income before the NOL amounts?  How do we report this within PS so that there are no errors or e-file issues?

Thanks, Lisa. I guess I'll send the amended returns old school to the client for signatures. Thanks for the tip to unmark e-file for the copy that's not being filed. That got rid of the duplicate SSN message.

Thank you, Lisa.  I read your response. I too followed the PS instructions and saved a copy. I only saw this thread after I started seeing things that don't look correct after I amended returns following the PS instructions. I made the amended changes per the PS instructions and, as you suggested, in the original file for both the federal and Colorado returns. The amended return displays as Federal amended and CO amended in the Pending EF Center Return Type. However, the EF Center shows the eSignature Status as completed and the Amended Return column shows "Marked for EF". However, the original saved copy also appears in the Pending tab of the EF Center and the eSignature Status says "Not Started"  and allows me to request eSignature. This seems backwards since the request eSignature option isn't allowed for the amended returns. The eSignature status for the saved copy says "Not Started". The Return column also says "Marked for EF".  Are we not allowed to send amended returns for eSignature? If we are able to then how do we do that since the "Request" option isn't available? Also, the EF Status for the copy file and the amended returns shows "Duplicate SSN/EIN". I remember that I wasn't able to e-file returns in the past when duplicate SSNs were shown. Will I have a problem e-filing the amended returns with the duplicate SSN? Thank you for your help.