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user17571848447
Returning Member

Automatic inclusion of Form 7203 in filing records / form 1120S/ Turbotax Business 2024 Desktop

I discovered that Form 7203 was automatically added to the filing records for the S Corp preparing 2024 taxes. Why was this update made? The Form 7203 should be filed by a shareholder in specific situations. It is not mandatory to file this form with the S Corp tax return, and there were no issues with it in 2023. Thank you.

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5 Replies
M-MTax
Level 12

Automatic inclusion of Form 7203 in filing records / form 1120S/ Turbotax Business 2024 Desktop

TurboTax Business? It shouldn't be there and is not listed as an available form.

 

See https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotaxbusiness_fed_windows_scorp....

user17571848447
Returning Member

Automatic inclusion of Form 7203 in filing records / form 1120S/ Turbotax Business 2024 Desktop

I agree. The Form 7203 shouldn't be automatically added to the S Corp tax return, but it's what it is. Looks like it's an incorrect update to the desktop version. How do I contact TurboTax to request a correction for the desktop version?

M-MTax
Level 12

Automatic inclusion of Form 7203 in filing records / form 1120S/ Turbotax Business 2024 Desktop

 

1-800-446-8848

user17571848447
Returning Member

Automatic inclusion of Form 7203 in filing records / form 1120S/ Turbotax Business 2024 Desktop

I found the solution. It's necessary to choose "All official forms required for filing", not "Tax return only".

 

 

 

user17571848447
Returning Member

Automatic inclusion of Form 7203 in filing records / form 1120S/ Turbotax Business 2024 Desktop

I found the solution. It's necessary to choose the option "All official forms required for filing", not "Tax Return only".

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