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Business & farm
The number of shares held by an S-Corp shareholder is entered directly into the Schedule K-1 Worksheet (Sch K-1 Wks) using Forms Mode. This form has an internal navigation bar on the right side that allows you to move from one shareholder to the other.
Number of shares (beginning and ending) appears on the right column under Ownership %. The summary of total shares appears on the bottom of the worksheet.
For any form in the return, right click on a number and choose "Data Source" to track down how the number flowed to that form. You many need to work through several forms to arrive at the actual entry point.
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‎February 11, 2024
7:55 AM