REB1593
New Member

Get your taxes done using TurboTax

I am using desktop TurboTax for my 2023 1040. (Mac version) My K-1 has a number in 16C (non-deductible expenses) that should be carrying over to Form 7203.  It is not and the software won't allow me to enter it manually on 7203.  The result is my stock basis is being overstated by that amount and it therefore doesn't match the number on my 1120-S.