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Level 2
February 22, 2026
Question

1065 basis schedules business interest expense incorrectly handled

  • February 22, 2026
  • 1 reply
  • 4 views

Is anyone else seeing business interest expense being added to the basis schedule and then taken away incorrectly?  Why is it doing this?  

1 reply

Level 3
February 22, 2026

I have seen that as well just today