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Level 2
July 25, 2024
Question

Can you override inclusion of Form 7203 for S Corp with numerous sub S corps?

  • July 25, 2024
  • 0 replies
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Individual shareholder of S Corp received their K-1 with Form 7203 fully prepared.

S Corp has numerous subsidiary S Corps.  When schedule of activities is entered, some produce Form 7203 - including parent S Corp.

I'd like to prevent all Forms 7203 from being prepared and simply attach the Form provided with the K-1.

Is this possible?

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