The IRS requires me to file form 7203. How can I do this with turbotax?

[ThomasM125]

You will need to use the desktop version of TurboTax to prepare Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations. You can transfer your online tax file to your computer if you are using the online program. To do this, use the Tax Tools icon on your left menu bar while working on your program in TurboTax. Then, choose Tools and then Save your 2021 return to your computer.

You can use this link to purchase the TurboTax downloadable program:

 TurboTax Download Products

Once you have the program up on your computer, use the Forms icon on your top right menu bar to bring up the forms in your program, and choose the Open Form icon and enter 7203 to bring up the form.

[tmartinbell]

The form is fillable in TurboTax online as well now in 2023