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New Member
posted Mar 10, 2024 9:13:38 PM

How do I need to fix my return

It's been rejected because of a 8866 form

0 1 165
1 Replies
Expert Alumni
Mar 11, 2024 7:04:31 AM

Use Form 8866 to figure the interest due or to be refunded under the look-back method of section 167(g)(2) for property placed in service after September 13, 1995, that is depreciated under the income forecast method as described in section 167(g).  Are you sure the form number is 8866?  If you do not need this form, you can delete the form.

 

Use Form 8866 to figure the interest due or to be refunded under the look-back method of section 167(g)(2) for property placed in service after September 13, 1995, that is depreciated under the income forecast method as described in section 167(g).

 

Or 

 

Could the form be 8862? Form 8862 must be present in the return with Earned Income Credit Claimed Indicator checked.  This error would mean that you need the form to e-file because the e-File database indicates the taxpayer must file Form 8862 to claim Earned Income Credit after disallowance.

 

If your Earned Income Credit (EIC) was disallowed or reduced for something other than a math or clerical error, you may need to file Form 8862 before the IRS allows you to use the credit again. Be sure to follow the instructions from the IRS if you received a notice requiring you to file Form 8862. You do not need to file Form 8862 in the year the credit was disallowed or reduced.

 

Here's how to file Form 8862 in TurboTax.

  1. Sign in to TurboTax and open your return.
  2. Select Search, enter Form 8862, and select Jump to form 8862.
  3. You'll come to the Earned Income Credit section. Select Continue.
  4. Answer the questions. When you get to, Do any of these uncommon situations apply? check the box that says, I got a notice from the IRS saying that Form 8862 is required for the Earned Income Tax Credit.
  5. Select Continue and then Done.
  6. On the Since you got an IRS notice, we need to check on a few things screen, select No, none of these apply and I need to fill out the 8862 form.
  7. Select Continue.
  8. Answer the remaining questions.