How do the amounts differ from regular tax?
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k-1 income expenses adjusted for any amounts on line 17
@Mike9241 Line 17 on 7203 is "Additional loans"... Are you referring to another form?
Still unclear whether you are asking about IRS form 7203 S Corporation Shareholder Stock and Debt Basis Limitations. Please clarify.
The instructions do not make any reference to a separate AMT calculation.
Form 7203 is filed by S corporation shareholders who:
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