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elango719
New Member

Have home & business version. I received K-1 (1120s) and I don't see a way to enter shareholder basis.

 
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AmandaR1
New Member

Have home & business version. I received K-1 (1120s) and I don't see a way to enter shareholder basis.

Your basis doesn't affect how your schedule K-1 (1120-S) pass through items affect your return and isn't reported. You should track your basis for your records and keep copies of your K-1. 

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AmandaR1
New Member

Have home & business version. I received K-1 (1120s) and I don't see a way to enter shareholder basis.

Your basis doesn't affect how your schedule K-1 (1120-S) pass through items affect your return and isn't reported. You should track your basis for your records and keep copies of your K-1. 

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