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form 7203 line 8a not populating

johnm
Level 3

Like title says: form 7203 line 8a non-deductible expenses is not populating frmo K-1 and not allowing a direct entry EXCEPT via override which is generally avoided.

Have any of you handled this situation?

TYIA

 

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1 Solution

Accepted Solutions
JRC
Level 8

Right on top of the form: Before Part One...

Stock and Debt Basis Limitations Smart Worksheet.

Item B: Nondeductible expenses just enter the amount for the current year

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6 Comments 6
IRonMaN
Level 15

Try deleting the K-1 and see if a “fresh” K-1 works any better.


Slava Ukraini!
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JRC
Level 8

I have to Manually enter the Numbers from the K1 to the Form 7203.

I didn't know the 7203 will self populate from the k-1.

taxiowa
Level 9
Level 9

I never found any way to place entry on that line.  I just override it so 7203 is correct.  If you find some way to access that line; please post.  Nothing posts automatically to 7203 so a new K1 won't work.

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JRC
Level 8

Right on top of the form: Before Part One...

Stock and Debt Basis Limitations Smart Worksheet.

Item B: Nondeductible expenses just enter the amount for the current year

JRC
Level 8

Easily to overlook!!!!

Took me awhile to find where I had entered it on the forms I completed.. lol

johnm
Level 3

@JRC- If there were a Genius button, I would tag you with it. THANKS!!!

I totally skipped over that are and thought it applied to special ordering, etc.