dfleming11
Returning Member

Form 7203

Hello:

Getting error message "Line 3g cannot have a gain in Part 1 and a loss in Part 111".

1st of all I had my cpa filled out my K-1 and 7203, so I am just typing info manually into TT.

Carrying over from K-1 line 8a net capital gain (long term) to 3g - inputting a positive value.

Carrying over from K-1 line 7 net short term gain(loss) - I have a loss and entering it in part III on form 7203 line 38 as a POSITIVE number as well. all info trues up with CPA inputs and values.

Error in TT? How to resolve?