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M
Merc
Level 3
April 3, 2024
Question

S Corp Form 7203

  • April 3, 2024
  • 2 replies
  • 13 views

This form is not on the form list under the Pro-Series S Corp.  Do you all just print it, fill it out, create a PDF and then efile it with the return?

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2 replies

Just-Lisa-Now-
Just-Lisa-Now-Intuit Community Champion
Intuit Community Champion
April 3, 2024

7203 goes with the 1040, its in the list of forms there.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
    dascpa
    dascpa
    Level 11
    April 3, 2024

    Use the "Basis" form in the S corp program. It mimics the 7203. If you import the K-1 from S Corp to 1040 it will transfer some of the information to the 7203 but you need to fill in the missing info and confirm bottom line allowed or unallowed items. If you don't import the K-1 then just copy the info from the Basis form onto the 7203.

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