Thanks @Anonymous_ for this info. Alternatively, would it be acceptable to track these dissallowed losses in the At Risk Wks - S and make sure To note the 0 basis so none of the losses are deducted, at least until basis is created from future income, or would you say that the shareholder basis worksheet is the only way to properly do it? And if the separate shareholder basis worksheet is the way to go, do you have any suggestions for how to input and note the offset income in TT? I haven't seen questions of that sort in the interview process...
