In Part II of IRS form 7203, if you have no formal notes representing loans made to your S corporation, select Open account.
IRS Instructions for Form 7203, page 3, states:
Loans made to the S corporation that are not evidenced by a written instrument are referred to as an open account debt and are not separately tracked.
In TurboTax Premium Online, I have not seen what you are experiencing. Delete the zeros if you are allowed to. Make sure that you Refresh Calculations.
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