Question
ProSeries Tax S-Corp loss is Schedule E Non-Passive $4,907 Stock basis limitation is Form 7203 Loss $4,358. So the Schedule E will not pick up the correct $ amount form Form 7203.
ProSeries Tax S-Corp loss is Schedule E Part II Non-Passive $4,907 Stock basis limitation is Form 7203 Loss $4,358. So the Schedule E will not pick up the correct $ amount form Form 7203. Material Participation box is checked.
