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T
therealmob
Level 2
December 22, 2025
Question

Step down basis

  • December 22, 2025
  • 2 replies
  • 8 views

Has anyone found a work around in PS to accomodate negative basis on an acquisition?

2 replies

sjrcpa
sjrcpa
Level 15
December 22, 2025

There's no such thing as negative basis. It cannot be less than -0-.

 

The more I know the more I don’t know.
    IRonMaN
    IRonMaN
    Level 15
    December 22, 2025

    That isn't necessarily true -------------------------- in Lacerte, basis can be -1 😜

    Slava Ukraini!
      sjrcpa
      sjrcpa
      Level 15
      December 22, 2025

      Touche.

      The more I know the more I don’t know.
        Just-Lisa-Now-
        Just-Lisa-Now-Intuit Community Champion
        Intuit Community Champion
        December 23, 2025

        Hey Mike (I commented on your post over in the FB group), if you outline the situation, someone may have an idea to help you solve this.

        ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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