I have an S Corporation, and I entered my 2022 K-1 information into TurboTax. The ordinary income information is showing up correctly on the Schedule E, and the interest income is showing up correctly as taxable income. There were no other numbers on my K-1.
BUT on the printed Form 7203 in my final package, these numbers are not being included, and my basis at the beginning of the year (which is correct) is the same as my basis at the end of the year (which is incorrect).
Has anyone else seen this?
