in 2019 on the top of the K-1 input, the disposition box was checked....by mistake....

[schirallicpa]

This rolled forward to 2020 with little concern.  The K-1 was input as normal and I didn't even pay attention to the red print at the top of the screen that says prior year disposition....

Now let's roll into 2021 with the new basis reporting.....................................UGH!  I can't get rid of this "prior year disposition" stuff.  And I would entertain going back and unchecking and rolling forward and rolling forward, but it's a rather complicated return AND 2020 needs an amendment to boot.

Any suggestions on how to get rid of this without the back-tracking?  Or chalk up as another 2021 casualty?

[PapaJoe]

I don't know if there is a better way, but you could always delete and re-enter that one K-1.

[Abby Normal]

Just make sure you have all the carryovers and basis info before re-entering that K1.

[schirallicpa]

Me - making mountains out of mole hills in my stressed state.

I deleted the K1 and re-entered. 

Duh.

 

On another note- Can I strangle someone for allowing deferral of tax on IRA distributions last year..........

[Bart]

WOW.  Hijacked your own thread.