AlexBeaudry
Level 1
04-26-2022
01:13 PM
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Before the form 7203, lacerte would export repayment of shareholder loan to the personal tax return on the schedule D. With the 7203, it lists the repayment as non-taxable on line 26 and line 33 so it doesn't show as a reportable gain (line 34) which means it doesn't export it as a gain to the taxpayer. How do you tell Lacerte it's taxable?