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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?
Topics:
‎August 23, 2022
3:11 PM