Tax Explorer
Level 4
09-23-2024
09:00 AM
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Hi,
Is there a way for the Form 7203 on ProSeries to auto-populate based on the inputs from the K-1?
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IRonMaN
Level 15
09-23-2024
10:08 AM
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If you prepared the business return, importing the K-1 will populate the 7203. But if you don't import, you won't have the luxury of auto-populating.
Slava Ukraini!
Tax Explorer
Level 4
09-23-2024
10:33 AM
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Hm ... do you know if ProSeries will update the Form 7203 to auto-populate based on the K-1 inputs next year?
Tax Explorer
Level 4
09-23-2024
10:59 AM
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Just suggested this idea to ProSeries. Hopefully, they can make it happen since it should be something easy to update.
Tax Explorer
Level 4
09-24-2024
09:52 AM
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Thanks. In my opinion, I think it's something that ProSeries should automate since most fo the fields on the Form 7203 come from the K-1 inputs.