Hello LDW2024, I spoke with Turbo Tax further about this form 7205, they were helpful in guiding me to figure it out. It is a newly issued requirement starting for tax in 2023. If your business owns a structure, or is involved with designing of government owned structures that may be the connection and reason for the requirement of completion of form 7205 even if the deduction does not apply. The i7205 is a 4 page instruction form for whom it applies to. After completion the form with $0 deduction and attaching to the return, the return was accepted by IRS. Hope this helps.
