davidmilesfried
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Please note this issue is still unresolved and I am not able to file my 1040 with Turbo Tax. Updates have been posted to the thread.
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There is no stock basis. There is debt basis.So, 7203 Part I, Line 1 & 15 are 0.Part II, lines 16,18,19,20,21,24,25,26,27,29,30,31 have values which I attempted...
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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.
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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.
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Yes. It's fully at risk and non-passive
Activity Feed for davidmilesfriedman
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. May 7, 2025 9:36 AM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. May 5, 2025 7:58 AM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. May 2, 2025 12:39 PM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. May 2, 2025 12:37 PM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. May 2, 2025 12:36 PM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. May 2, 2025 12:13 PM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. May 2, 2025 12:07 PM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. May 2, 2025 9:25 AM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. April 28, 2025 12:19 PM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. April 28, 2025 10:38 AM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. April 28, 2025 7:33 AM
- Posted Re: Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save enter... on Get your taxes done using TurboTax. April 24, 2025 5:40 PM
- Posted Form 7203 S Corporation Shareholder Stock and Debt Basis Limitations form does not save entered values on Get your taxes done using TurboTax. April 23, 2025 1:54 PM