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Level 5
Sep 23, 2024 2:00 PM UTC
Solved

Can Form 7203 Auto-Populate based on K-1 Inputs?

Hi,

Is there a way for the Form 7203 on ProSeries to auto-populate based on the inputs from the K-1?

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IRonMaN
IRonMaNAnswer
Level 15
Sep 23, 2024 3:08 PM UTC

If you prepared the business return, importing the K-1 will populate the 7203.  But if you don't import, you won't have the luxury of auto-populating.

Slava Ukraini!

6 replies

IRonMaN
IRonMaNAnswer
Level 15
Sep 23, 2024 3:08 PM UTC

If you prepared the business return, importing the K-1 will populate the 7203.  But if you don't import, you won't have the luxury of auto-populating.

Slava Ukraini!
Level 5
Sep 23, 2024 3:33 PM UTC

Hm ... do you know if ProSeries will update the Form 7203 to auto-populate based on the K-1 inputs next year?

IRonMaN
Level 15
Sep 23, 2024 3:49 PM UTC

If I was a betting man, I wouldn't place a bet on that happening.

Slava Ukraini!