Welcome back! Ask questions, get answers, and join our large community of tax professionals.
Showing results for 
Search instead for 
Did you mean: 

Form 7203

Level 1

Are we really not including Form 7203 in ProSeries?  So although I like ProSeries, the worst thing about the program is lack of basis limitation schedules, and now that the IRS requires Form 7203 for S-corp owners, it basically sounds like S-corporation individuals are no longer supported in ProSeries.  We are really going to have to manually complete all the 7203 forms and attach them to the return in Proseries?  Come on Intuit... this is kind of a no brainer, and basis schedules have been suggested year after year by numerous CPAs, so I'm not sure why this input isn't put into action...

1 Comment 1
Level 15

An Intuit employee posted this yesterday:

"ProSeries is planning to support Form 7203 and it is currently in development."