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Level 5
September 23, 2024
Solved

Can Form 7203 Auto-Populate based on K-1 Inputs?

  • September 23, 2024
  • 1 reply
  • 10 views

Hi,

Is there a way for the Form 7203 on ProSeries to auto-populate based on the inputs from the K-1?

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Best answer by IRonMaN

If you prepared the business return, importing the K-1 will populate the 7203.  But if you don't import, you won't have the luxury of auto-populating.

1 reply

IRonMaN
IRonMaNAnswer
Level 15
September 23, 2024

If you prepared the business return, importing the K-1 will populate the 7203.  But if you don't import, you won't have the luxury of auto-populating.

Slava Ukraini!
Level 5
September 23, 2024

Hm ... do you know if ProSeries will update the Form 7203 to auto-populate based on the K-1 inputs next year?

IRonMaN
Level 15
September 23, 2024

If I was a betting man, I wouldn't place a bet on that happening.

Slava Ukraini!