rcipullo
Level 2
09-12-2022
07:12 AM
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I am referring to the individual return where additional basis is provided by officer W-2 wages
( is it not?) allowing SEC 179 to be taken. But form 7203 thakes the wages and allocates it to suspended losses, contributions made and to SEC 179.. I believe it is suppose to be allocated just to SEC179 otherwise we would be additing wages paid to the basis schedule all the time.