I have a client who is closing his business.  In his 1120S he has a stockholder loan of $19,000.  How do I write this off and will it appear on his K-1 as Income?  He has a basis in the company of over $60,000. I am working in 2023 and I cannot pull up a form 7203, which when I research it said I needed one.

Thanks for your help.