Skip to main content
Level 1
September 1, 2023
Question

Form 7203

  • September 1, 2023
  • 1 reply
  • 4 views

Hi Community,

There is difference in S Corp 7203 and Individual flow through 7203. Opening carryovers of XXX amount, is not flowing in Individual form 7203 nor their is option of adjusting the same in form 7203.      

This topic has been closed for replies.

1 reply

PhoebeRoberts
Intuit Community Champion
September 1, 2023

You want the section called Basis Carryovers in the K-1 input screen of the 1040.