Yes, Another 7203 Post: How to Handle Returns Requiring Form 7203 ?
My understanding is Form 7203 needs to be attached to the shareholder's return. While there may be exceptions, this means in almost all cases it would be attached to Form 1040.
With no one knowing when this tax season, if ever, Form 7203 might be released by ProSeries, what is the appropriate way to include a manually prepared Form 7203 with the 1040 tax return?
Specifically, does anyone know if IRS will accept a required form as a pdf attached to the 1040 return? Or are we forced to print out the ProSeries return, insert the manually prepared Form(s) 7203 to the 1040 return, and mail it in? Obviously, mailing the return in is not an ideal option given the state of the IRS.
I am very interested in knowing how you are going to handle this and if you are going to mail the 1040 return in, how you are going to explain this to your clients. In my case, while the percentage of clients this will affect are small, their returns are usually more complicated and detailed and represent a much greater percentage of my billings. I would very much like to keep these clients happy.
Many of us have vented here about the poor level of customer service. It appears to me that communication is just as bad. Why is it so difficult to get a straight answer from ProSeries as to the status of this form?
