AliciaP1
Expert Alumni

Get your taxes done using TurboTax

If you have specific communication that the contributions are not already reported in your OBI, you can adjust the OBI number down on your basis calculation.  There is no function to tie the 7203 back exactly to your K-1 and the instructions to enter the amounts from your K-1 are a general guideline to get the info reported.  The instructions will be refined for next year I'm sure since I'm also sure this form is not going away any time soon!

 

@bles47

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