@starting2makecents
I understand the need and rationale for shareholders to track their bases but, again, they need to do that outside of the TurboTax Business program.
You must be aware that many (if not most or even the vast majority) of shareholders in S corporations never see any document other than their K-1s (1120-S) and information related to their "capital accounts" does not appear on those K-1s (unlike K-1s issued by partnerships/multi-member LLCs).
We can argue about this for years, but the developers are most likely not going to add some sort of "basis calculation" for shareholders in Step-by-Step nor automate all of the entries that may be required to be made on the balance sheet (Schedule L). The program, after all, is intended for small S corporations and, in fact, there was even a disclaimer (somewhere and at some time) stating that the program "worked best for corporations with less than $250,000 in revenue and assets".
