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Level 7
December 16, 2020
Question

Form 7202

  • December 16, 2020
  • 3 replies
  • 10 views

Does anybody know if the Form 7202 will be included in Proseries Basic? When I go to the line it looks it is not included. I believe they should included because it affects the self employed taxpayers who lost income due to the virus. 

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3 replies

Just-Lisa-Now-
Intuit Community Champion
December 16, 2020

Its in the list of forms to be released, looks like Jan 28th

https://myproconnect.intuit.com/releasedates

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 7
December 16, 2020

Thanks Lisa, I saw in the list. Thanks 

Level 7
December 16, 2020

Hi, Lisa remember when I posted about the Form 1099 Nec. In the Sch. C it is not mentioned but if you look at the top search bar, under the Find Form tab it is there, if you work on it, it will transfer the amount  from line 1, Employee Compensation to line 1 b if the Sch. C. I believe they are going to leave like that because it is not in the list of forms to be updated in the future. Anyway as you said before, if you put the amount on line 1 of the Sch. C it is the same thing. 

 

thank you lisa