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Form 7203
Hi all,
I have used TurboTax for years, but this year I'm getting a new form 7203, which is confusing, especially based on its description.
Basically, I am self-employed, receive a W-2 and my LLC is filing as S-Corp so I receive a K-1.
However, this year TurboTax is asking me to fill in this 7203. Looking at https://www.irs.gov/instructions/i7203 in the "Who Must File" section, I don't fall under any of those categories. So why is TurboTax asking me to fill this in?
‎April 16, 2023
12:09 AM