- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
https://www.youtube.com/watch?v=tmzTX007FhI
maybe this will help
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Someone brought up the point yesterday about how there was some discussion between some tax preparers on how big of a deal it is or isn't not to send it along this year. I'm guessing the odds become bigger the bigger the refund is.
Slava Ukraini!
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
hmmm...i can understand that one. The one that went out for me had a bigger than average refund but has massive profits yearly but they DO withdraw most of those profits out on non-div distributions/draws. The have positive basis.
The rest including me do not have large refunds.