Get your taxes done using TurboTax

In order to add a second Form 7203, you must be in Forms Mode (available only in TurboTax CD/Download for Desktop).

1. Open your return and click on the Forms icon in the TurboTax header.
2. Click on the Open Form icon above the left column. Type in 7203. Click on the form in the drop-down and click Open Form.
3. In the pop-up window, click the box for "Create a new copy." Click Next, then enter the name of the S-Corp from the K-1.
4. Enter a description for the Stock Block on the new Form 7203.
5. Note that TurboTax will create a new K-1 S Corp worksheet that will have a red exclamation mark in the forms list. Open this form and enter the EIN from the actual K-1. You don't need to enter any additional information on this worksheet. You will see this worksheet in your list of S-Corp K-1s - do not delete.
6. Choose the new 7203 from the tabs above the large window and complete your entries. You must enter at least one number on this form in order for TurboTax to include it in your return.