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Form 7203
In entering information for my K-1's TurboTax says Form 7203 is required because I received a non-dividend distribution. In Part III, item 16D of the K-1 is just generic distributions. In my case the distributions equal the dividends, so my reading of Form 7203 instructions means the form is not required. TurboTax needs to ask if distributions equal dividends. I'm sure I won't be able to file unless FORM 7203 is filled out. What do I do?
March 29, 2022
9:47 PM