Business & farm

this form may need to be filed with your return. it has an attachment sequence which means it must be included with your return if you meet any of the criteria for filing it. here's are the filing instructions

Who Must File
Form 7203 is filed by S corporation shareholders who:
• Are claiming a deduction for their share of an aggregate loss from an S corporation (including an aggregate
loss not allowed last year because of basis limitations),
• Received a non-dividend distribution from an S corporation - an amount in box 16 with code D.
• Disposed of stock in an S corporation (whether or not gain is recognized), or
• Received a loan repayment from an S corporation - an amount in box 16 code E