Thanks for reply. Its clear.
So In my case it seems I need form 3800 on my S corp business return. Once I have that, how should I enter this information for individual return. I see that it flows to Schedule 3 line 6, but in turboTax how do I enter that.
I checked in wages and income and only place to enter information is Schedule K1. So which section I enter this information so that It gets populated on schedule 3.
