FORM 8949 showing Excess Distributions (K-1 (1120S)) with no activity

[weaverdoan]

Hello everyone,

My client had distribution from his S-Corp, but not excess distributions. I don’t understand why ATX is showing the Excess Distributions (K-1 (1120S)) on form 8949 with column b to h are blank. Is that how it supposed to show? Or I did something wrong?

Thanks so much for your help!

[Lee B]

Check your basis worksheet info

[weaverdoan]

Thanks cbslee! I didn't have the beginning basis for AMT.