Using TurboTax Business 2023 and used TurboTax Business 2022 last year for our S Corp.
Two shareholders, A and B.
On the two associated "S Corporation Shareholder Stock and Debt Basis Limitation Worksheet"'s, incorrect amounts against Line 1 ("Stock basis at the beginning of the corporation's tax year") are being reported.
For shareholder A, the amount being thusly reported is the previous year's "end of year" stock basis that applies to shareholder B.
For shareholder B, there is nothing being reported against said Line 1.
I made manual corrections to said Worksheets.
Questions: Is this a bug for this year, or did I make some kind of a mistake? Are the corrections I made sufficient to prevent further problems?
TIA!
