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Level 1
02-28-2024
09:14 PM
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From the S-Corp module, Federal Form 7203 is arriving at different calculations depending upon whether the form is forced to print or suppressed in Screen 28, code 2. Presuming the shareholder has sufficient basis, Form7203 line 11 properly populates when it's forced to print and leaves it at $0 when it's suppressed. Funny thing is that the California version of Form 7203 is properly completed (arriving at the same result) whether it's forced or suppressed.
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