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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
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- Form 7203
Form 7203
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krishnabhandari
Level 1
09-01-2023
01:01 PM
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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.
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PhoebeRoberts
Level 11
09-01-2023
01:10 PM
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You want the section called Basis Carryovers in the K-1 input screen of the 1040.
