Help with form 7203

I was hoping to get some help with form 7203 as I believe my taxes were submitted with an error. I will use hypothetical numbers for a return that I have already submitted.

 

I have a K-1 with let's say 2M in nonpassive losses.  My allowable loss from stock basis line 47c(form 7203) is 750k with a carryover of 1.25M to future years.  I don't think the basis limit is showing up anywhere on schedule E, schedule 1, or 1040 as TurboTax seems to be reporting the entire 2M in losses.  Do I need to adjust it manually in TurboTax, as form 7203 doesn't seem to effect the numbers elsewhere in the return?  If, so, how?

With my current filed return, if I had wages of 1M, it shows an AGI is 0 instead of 250k.

 

My losses do pass the at-risk and passive activity limit.  I also just found out about the excess business loss limit with form 461, which does not appear to be supported by TurboTax.  TurboTax unfortunately didn't ask a relevant question in the interview or alert me to a problem.  Since I am MFJ, my threshold limit 524K.  As far as I know the only fix for this would be to print out a Form 461 with an amended return and manually make an entry on line 8o on schedule 1, and then mail it in.   This would reduce my AGI to 476K and would then also give me an NOL of 226K to manually track (TurboTax doesn't seem to track this without form 461) in addition to the carryover of 1.25M from the basis limitation.  With this method where do I adjust for the form 7203 limit. 

 

Any insights or help would be greatly appreciated.