Get your taxes done using TurboTax
You may wish to return to the K-1 topic and review your entries for Form 1120S Schedule K-1. At the end of the entries for the K-1 boxes is a page "S Corporation Basis" that presents a sub-form with Form 7203 for you to complete.
If you're using TurboTax Desktop, you can complete this form using Forms Mode (Ctrl+2 or Forms>>Open Form).
