@Tentmakers
If you have not taken the S-Corp election for your LLC, the IRS considers you and the company to be one taxpayer. In this case, Form 7203 would not apply.
If, however, you have elected to be taxed as a corporation (S-Corp), your LLC must file a separate business tax return (Form 1120-S) to report the income and expenses on Schedule K-1. In this case, you would use the information from all Schedule K-1s since inception to complete Form 7203.
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