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March 28, 2023
Question

Sch K-1 S Corporation Additional Info - Disposition of Interest, Part II Line

  • March 28, 2023
  • 1 reply
  • 0 views

When I run my error check, it is asking me to fill out this info. I have not closed, nor disposed of any of my interests in my company. Should I just skip over this question?

    1 reply

    March 28, 2023

    yes. it's probably asking because a disposition would not be reported on the k-1 but were you to dispose of it you would need to complete form 7203 if it wasn't otherwise required