smallcoman2
Returning Member

Business & farm

Looks like this is a bug for me. No matter what I check in terms of ownership changes, TT forces me to add shareholders info. Once I add the first, the addition of a second shareholders forces me to admit to an ownership change in the calendar year 2022.  

 

I just added shares for each shareholder to get the right percentage ownership, which I assume is used for the Schedule K-1.  Hopefully, this doesn't generate paperwork that will excite the IRS, since it might say there were ownership changes but will it have the same ownership as last year. I'm keeping notes so I can tell the IRS that TT has a bug and hasn't fixed it.  Seems this bug has been around for many years. 

 

As with all tax issues.....good luck, do your best and take lots of notes!