Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- S-corp Loan Basis
S-corp Loan Basis
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
eric1032
Level 3
06-01-2021
03:52 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a s-corp with no stock basis but has 10,000 (for example) loan basis. S-corp has 10k loss for the year.
I entered all the info, on the basis limitation federal statement, I see the 10k loss is fully allowed as loss allowed by basis limitation. However, the number do not carry to schedule E page 2 as non-passive loss allowed. What other inputs am I missing here?
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
