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How to input loss from LLC on S Corp that has no basis in this LLC on Lacerte? I couldn't find basis input on the S Corp at all.

Level 1

An S Corp is a member of the LLC received K-1 that show an ordinary loss of $15,000, interest income of $100, Sec 179 of $200, Long-term capital loss of $300 and nondeductible expenses of $1,000.  S Corp has no basis in this LLC but the K-1 showed its share of nonrecourse debt of $700,000.  How do I input these basis on Lacerte S Corp program to limit the loss due to At-Risk limitation?

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Level 15
Is it qualified nonrecourse debt?

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