@Joyce2019tax wrote:
I could not find the stock basis from turbo tax business . Could anyone please let me know where I can find this worksheet?
TurboTax does not actually track your basis in the S corporation; you need to calculate that outside of the program. There is a worksheet in the K-1 instructions.
See https://www.irs.gov/instructions/i1120ssk#idm140155513239760
