Margaret CPA in OH Posted February 21, 2011 Report Share Posted February 21, 2011 So the data entry this year is different with 6198, Basis Wkst and the K-1 sheets and I am about to cry. On the 6198 Input tab, for the life of me I cannot figure out how to get the Prior Loss (middle column, line 1, Ordinary income (loss) from the activity) to appear. My bunny doesn't hop from there and I simply cannot figure it out. I have an issue with the 1065 input, too. The loss is allowed for one but not the other partner although I swear the data is entered exactly the same for both. Honest! For the S-corp, the unallowable loss of nearly $100,000 (no basis any more!) is coming through on Sch E, page 2, despite my best efforts. I think it's time for some cheese with this w(h)ine but I could use some guidance. Thanks! Quote Link to comment Share on other sites More sharing options...
Margaret CPA in OH Posted February 22, 2011 Author Report Share Posted February 22, 2011 Anyone else having this problem? I could override, but really prefer to utilize the capabilities of the software and really don't want to be on hold for ages with tech support. Thanks! Quote Link to comment Share on other sites More sharing options...
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