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davidmilesfriedman
Returning Member

Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save entered values

The only option TT is giving me is to edit/delete the value in Line 35, Col. D. because Part II is blank, as opposed to fixing Part II.

davidmilesfriedman
Returning Member

Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save entered values

TT will also not accept an answer to the "More Info" screen for the K-1 business. I tried "None of these apply" but it will not save.

RobertB4444
Expert Alumni

Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save entered values

Ok.  When entering numbers into the worksheet you entered a number onto line one for your basis at the beginning of the year, correct?  And you entered the loss from box 1 of the K-1.  So what is the amount on line 15 from Part I of the 7203?

 

@davidmilesfriedman 

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