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carpenterjb
Returning Member

Form 7203

Form 7203 appears to have a bug in that it does not retain any of the info entered in Part II and Part III.  TT AI chat says it is a know issue but that is all.  Does anyone know if and when this will be fixed?  We can't file our taxes without Form 7203 being completed and accurate.  I call TT and talked with a very helpful employee but she could not get any answers and, surprisingly, she does not have the ability to open an IT ticket on the problem.  It all worked for 2023 taxes but something has gone wrong for this year.  This applies to the online version - TurboTax Premium 2024.

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1 Reply
JamesG1
Expert Alumni

Form 7203

At the screen S Corporation Basis in TurboTax Premium Online, are you able to enter loss information in Part III?

 

 

Make sure that you select Refresh Calculations before you select Continue.

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