2022 Business - Sched K Line 20c demands entry but won't accept anything

[gordon_r]

I have one error.  When I run error check it highlights a "business interest expense" entry in the table of manual entries in line 20c of Sch K.  But it won't accept any value I try to enter nor will it let me delete the entry.  Below that line it says "** SEC199A INFO: SEE STMT A".  How can I get rid of this "error" so I can file my tax return?

[PatriciaV]

You may be able to track this down using Forms Mode. Click the Forms icon in the TurboTax header, then open Form 1065 p4-5 and scroll down to Line 20c, which is "Other items and amounts (attach statement)." 

Business interest expense is entered on Lines B1 and B2, depending on the source. If there is already a number on this line, right click the number and choose "Data Source." This pop-up will list several other forms that may be the source of the number on Line B1/B2. You can click on the form name to open the form for further review of any manual entries you made.

Forms in the left column with red exclamation marks have errors. Click "Errors" at the top of the forms list to display error messages below any open forms.

As long as your manual entries remain in a blue font, TurboTax will accept your entry. If the font is red, your entry is either invalid or considered an override (either will prevent you from e-filing your return).

Note that the directions for Sec 199A Info is standard on Schedule K, even if you have no entries for that section of the form.

[gordon_r]

Thank you for answering, though that was not quite the roadblock I was hitting.  I finally found the solution and it was super simple once I realized it.  Below the 20c items printed on the form, such as B1 and B2, there are several blank lines that can be filled in by selecting a code from a small box with a drop down arrow.  The system had chosen to populate the first such blank line with code N which displays "Business Interest Expense" on the blank line.  However, it won't let you enter a value there because you are supposed to enter that on B1 or B2 above!  I couldn't get around that until I discovered that if I hit the drop down arrow to display all of the options, and scrolled up to the top of the list, there was an option for an empty line, with no code selected and nothing written on the line.  Once I selected that, the error disappeared. I do wish Intuit would give more helpful error information.

[MikeBinto]

Thank you, Gordon!  I spent hours trying to interpret the undecipherable message and fix the problem.

[JulieZam]

Thank you I would never figured it out on my own!!!!! No thanks to Turbo Tax!

[marchperry]

I tried that and I must be doing something wrong, because now the error tells me that the must be a codein 20c.  Help!!  Still cannot file!!

[pearcej]

Thank you! This was super helpful. I had no idea what the problem was, but this fixed it.

[AliciaP1]

It would be helpful to have a TurboTax ".tax2022" file that is experiencing this issue.

You can send us a “diagnostic” file that has your “numbers” but not your personal information.  If you would like to do this, here are the instructions: 

At the top menu in the black line at the top of the page go to Online. 

1. From the menu, select Send Tax File to Agent. 
2. You will see a message explaining what the diagnostic copy is.  Click Send and then you will get a Token number. 
3. Reply to this thread with your Token number. This will allow us to open a copy of your return without seeing any personal information.  

We will then be able to see exactly what you are seeing and we can determine what exactly is going on in your return and provide you with a resolution.

@marchperry 

[pearcej]

My LLC taxes are fixed and filed, but the problem was exactly as was described by Gordon. The software was defaulting to the wrong dropdown choice and had to be corrected. See his excellent post for more information.