troy
Level 3
04-16-2023
09:30 AM
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I see the software is generating a Form 7203 error.
Is there a way to have the system generate the form based on the basis that is entered in the K-1 screen? Or does it need to be manually included?
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George4Tacks
Level 15
04-16-2023
10:08 AM
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I assume you have a S-Corp K-1. In that input look across the top for Basis and complete that section.
Answers are easy. Questions are hard!
tccpg289
Level 4
04-16-2023
10:15 AM
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What are the actual entries required on that screen to remove?
George4Tacks
Level 15
04-16-2023
04:21 PM
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Answers are easy. Questions are hard!
tccpg289
Level 4
04-16-2023
04:37 PM
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Thanks, but it did not clear the error. There is something I am not checking on the error screen that is causing the error to continue to be generated.
George4Tacks
Level 15
04-17-2023
08:23 AM
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Is it just a warning? Many of these do not go away. They are telling you to do something, but the software does not have the ability to know if it has been done.
If you are comfy that all is good, then transmit.
Answers are easy. Questions are hard!
