schirallicpa Posted March 8, 2022 Report Share Posted March 8, 2022 This rolled forward to 2020 with little concern. The K-1 was input as normal and I didn't even pay attention to the red print at the top of the screen that says prior year disposition.... Now let's roll into 2021 with the new basis reporting.....................................UGH! I can't get rid of this "prior year disposition" stuff. And I would entertain going back and unchecking and rolling forward and rolling forward, but it's a rather complicated return AND 2020 needs an amendment to boot. Any suggestions on how to get rid of this without the back-tracking? Or chalk up as another 2021 casualty? Quote Link to comment Share on other sites More sharing options...
PapaJoe Posted March 8, 2022 Report Share Posted March 8, 2022 I don't know if there is a better way, but you could always delete and re-enter that one K-1. 1 Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted March 8, 2022 Report Share Posted March 8, 2022 Just make sure you have all the carryovers and basis info before re-entering that K1. Quote Link to comment Share on other sites More sharing options...
schirallicpa Posted March 8, 2022 Author Report Share Posted March 8, 2022 Me - making mountains out of mole hills in my stressed state. I deleted the K1 and re-entered. Duh. On another note- Can I strangle someone for allowing deferral of tax on IRA distributions last year.......... 3 Quote Link to comment Share on other sites More sharing options...
Bart Posted March 10, 2022 Report Share Posted March 10, 2022 WOW. Hijacked your own thread. 2 Quote Link to comment Share on other sites More sharing options...
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