AnneRule

Lacerte Tax Idea Exchange

Submitted by on ‎03-09-2023 01:12 PM

Despite a filing requirement to include Form 7203 with Form 1120S the program is not including it in the documents transmitted with the efile. The "Auto Generate and Attach PDFs to EFiles" options both in the primary and workstation options fields are set to "Yes". Additionally, the "Form 7203" option fields in the primary and workstation options are also set to "Yes". There is no diagnostic warning. Accordingly, I must attach the Form 7203 as a PDF to the Form 1120S. Please resolve this issue.

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IRonMaN
Level 15
‎03-09-2023 01:45 PM
‎03-09-2023 01:45 PM

Are you sure a 7203 goes with the 1120S or maybe it might go with the 1040 instead?

pamdory
Level 8
‎03-09-2023 03:24 PM
‎03-09-2023 03:24 PM

Per the instructions for form 7203

"Who Must File

Form 7203 is filed by S corporation shareholders..."

The 7203 isn't filed with the 1120-S. Although I didn't get that at first since it was included in some copies of the 1120-S produced in Lacerte.

AnneRule
Level 1
‎03-13-2023 11:20 AM - edited ‎03-13-2023 11:20 AM
‎03-13-2023 11:20 AM - edited ‎03-13-2023 11:20 AM

Thanks @pamdory 

After looking into this I discovered the same thing. The program is generating the 7203 as part of the K-1 package so it looks like Lacerte is handling this form correctly.