sarusso49
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Thank you so much. Super helpful!! Have a good day.
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Thank you so much. How do you let turbo tax know that your basis is now 0 after closing down the s corp via the k1? I know the amount that is in excess but that...
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- Posted Re: Hi. Is there a way to show ending s corp basis after taking excess distributions that get com... on Business & farm. April 1, 2025 5:39 PM
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- Posted Re: Hi. Is there a way to show ending s corp basis after taking excess distributions that get com... on Business & farm. April 1, 2025 7:45 AM
- Posted Hi. Is there a way to show ending s corp basis after taking excess distributions that get company to 0 this year? TurboTax doesn’t seem to recognize k1 excess distributio on Business & farm. April 1, 2025 5:33 AM