vscpanm
Level 5
05-24-2022
01:10 PM
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Per the form 7203 instructions, you must enter cap gains in Part 1 of 7203, line 3g, and cap losses in Part III on line 38. If I do that, Proseries gives me an error that I cannot have a gain in part I and a loss in Part III. Is there a solution in the works or should I attach a PDF of the correct version and then net the amounts together in Part I to eliminate the error?
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IRonMaN
Level 15
05-24-2022
01:26 PM
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I would just net the amounts. Nobody at the IRS is going to look at what is on the form anyway.
Slava Ukraini!
vscpanm
Level 5
05-25-2022
08:50 AM
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That was my thought exactly, and since the 7203 has to be attached as a PDF anyway, it's just a matter of eliminating the error to efile. Thanks for confirming my thinking.
IRonMaN
Level 15
05-25-2022
12:44 PM
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You betcha!
Slava Ukraini!
