Business & farm

Rick,

Thank you for your follow-up again. Just to let you know TT does not calculate Line 8 from the information entered in Form 7203 as in my case, the Beginning Year basis was $9309 (Line 1), Line 4 - $110, Line 5 was $9419, Line 6 Distributions was $0, Line 10 - Basis before Loss and Deduction Items $9419, Line 11 - Allowable Loss and Deduction Items - $4098, Line 13 - Other Items that decrease stock basis - $5321, Line 14 - $9419, leaving Line 15 - Stock Basis end of Corporate Tax Year - $0  So, Part II as loaded as you recommended resulted in No Errors on final check clearing it to be e-filed.  Here is what it looked like after your suggestions.