DWe
Level 3

Business & farm

Thanks again for your help.  Knowing that you also manually adjust K-1S carryforwards makes me feel more confident about also doing it. 

I tried overriding the $0 carryover in this year's K-1S to the actual from the 7203 and it recalculated the allowable loss, so that wasn't a solution.  

Clearly there's an issue with how the new 7203 info flows through the TT K-1S.  Hopefully it will be fixed next year.  My only concern is if some IRS program will flag next year's return due to a discrepancy in the $0 carryforwards shown in this year's K-1S vs. the actuals that I'll put in next year's form.