How do the amounts differ from regular tax?
You'll need to sign in or create an account to connect with an expert.
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:
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
StackerP
New Member
weaslebub
Level 2
mbrowngold
Level 1
NICAAC
Level 2
banpicker
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.