Ryandpulice

It would be great to have a worksheet that calculates and tracks suspended losses (due to basis limitations) for shareholders is S corporations. 

Status: New
Vote now if this is a good idea
Comments
Level 15
Level 15
Level 15

Intuit is severely negligent in this regard.   Basis statements are now usually required to be attached to the 1040, so ProSeries (and TurboTax) is not capable of properly  handling a K-1.