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Get your taxes done using TurboTax
Thanks for the input. Are you saying that TTax only generated one 7203? That is odd. I have tried a number of things, but finally just removed one and hand entered the numbers that weren't already there all on one form. I have copy of the federal form7203 provided to me by the CPA that generated the K-1, so it was not much work. The forms agree on the bottom line now, BUT TTax seems to not like the fact that the entirety of Part III shows a loss from the general business (Box 1)while Part I shows a gain from the real estate (Box 2). If there were separate 7203s for each business line (real estate and general business), this TTax gain/loss complaint would be justified. But the overall business can only have one overall stock basis, so two 7203s doesnt work. I guess I will just have to submit with the "error" left there, if TTax will let me. I can always submit by mail, I guess. Any additional thoughts?