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Level 2
February 9, 2022
Question

Form 7203 availability

  • February 9, 2022
  • 1 reply
  • 13 views

I am not happy that Form 7203 will not be final until March 31. That means every 1120-S will have to be extended. ALL S-Corp shareholders take distributions so every return will have a Form 7203. 

ProSeries --- Look at the calendar and move this up the priority list so that the Form is available no later than March 1. 

 

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1 reply

IRonMaN
Level 15
February 9, 2022

Why do you have to extend 1120S returns?  The 7203 is a form that goes with the 1040.

Slava Ukraini!
Just-Lisa-Now-
Intuit Community Champion
February 9, 2022
Sooo many tax pros are confused about what this form does and where it gets included..
https://www.youtube.com/watch?v=tmzTX007FhI
maybe this will help
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Intuit Community Champion
February 9, 2022

I wonder how hard they will be looking for this form this year? I have a few that went out already.