my k1 for 2022 shows a profit. there are loss carry forwards from the prior year is shown in part 3 with the allowable loss from stock basis and allowable loss from debt basis amounts.
the reviews says you can't have part 1 with a gain (profit?) and part 3 with a loss. not sure why it thinks there is a loss, since that section is speaking about the loss carry forward....
i'm assuming column e in part 3 should be the difference between the loss carry forward from 2021 and the profit in part 1 which would result in there still being a further loss carryforward for 2023.
other posts applicable to the online system have suggested deleting 7203 and reentering. but does that work for the download version of home and business? if not, how do i get rid of this error flag from the review.
also, on schedule e, it appears that the PYA should also be list on a second line still with the loss carry forward amount from the prior year (or should it have a reduced amount to account for the profit this year)?
