TaxGuyBill
Level 15

What.jpg

 

 

 

https://proconnect.intuit.com/community/schedule-k-1/help/entering-s-corporation-shareholder-basis-w...

 

This was just updated, and says that ProConnect will NOT have 7203.

WHAT?!

Secondly, it says to attach a Basis statement.  Is there ANY indication from the IRS that the form is optional, and that we can just use our own version?