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Please clarify which version of TurboTax you are using. Is this a new farm or did you report farm activity last year?
I called in and spoke with a representative this morning. Apparently, there is a glitch in your system that is preventing me from updating the income and expenses related to my farm.
I use TurboTax online through Credit Karma and yes, I reported income related to this farm last year.
Thank you
Your Schedule F may be held up by the release of Form 8881, Employee Credits for Small Businesses and Farms, which is due on February 21, 2024, even if this doesn't seem to apply to your situation. Log back into TurboTax the next day and try editing your Farm information again.
It's been 7 days and it's still not working. I click EDIT and the little hamster wheel just spins and kicks me back to the same screen. It does not advance to allow me to enter/edit information related to my farm.
Are you saying that the Form 8881 won't be available on Turbo Tax until 2/21/24?
Yes, according to the Forms Availability Table, Form 8881 is scheduled to be released with the update on February 21.
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