This article applies to:

Enter shareholder losses disallowed by basis limitations from prior years

Follow these steps to enter shareholder losses disallowed by basis limitations from prior years.

Select View
, Shareholder Information
, then the Other Info
tab.

Enter the prior-year losses in the

Shareholder Basis

window.

note

If the S Corporation return was prepared in UltraTax CS in the prior year, the shareholder's limited losses will proforma in the following year.