but it will not allow me to change the button to "formal note" from "open account"
This is keeping me from being able to file my taxes and extremely frustrating - just spent over 30 minutes with support who could not figure out -
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Have you tried deleting Form 7203 and re-entering the information? Also, is the loan information new this year or was Form 7203 transferred from your prior year return? If transferred, you won't be able to change the debt type this year.
To delete a form using TurboTax Online:
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