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April 8, 2024
Question

Form 7203

  • April 8, 2024
  • 1 reply
  • 0 views

Why is turbo tax generating form 7203 when my k-1 does not show a loss nor have I sold or liquidated any shares.  I looked up who must file form 7203 and I had none of those reasons.

1 reply

PatriciaV
Employee
April 11, 2024

Have you filed Form 7203 in the past? Do you have carryover losses for this investment? Either of these items could produce Form 7203 in your return.

 

If you are certain you don't need to file Form 7203, you may be able to delete if from your return. See the links below for instructions: 

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