Knowledge Base

12288: 1065/1120S - Basis Worksheet - Shareholder or Partner Number Field Blank

1120S Sub S Corporate

How do I assign a shareholder or partner number that will appear on the adjusted basis worksheet?

The Shareholder Number or Partner Number field on the top left of the adjusted basis worksheet in View mode is an unused blank field, at present, and will not display anything.

If the K-1 option on the PRNT screen is checked in an S-Corporation or Partnership return, the worksheet appears in view as Wks SBAS in the 1120S and as Wks Adj Basis in the 1065.

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