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haharryha
New Member

description of the type of other income I have put in to Turbo Tax is not showing up on the actual schedule 1, Part1 line 8Z

The description of the type of other income "Below Market Value Rental Income" I have put in to Turbo Tax is not showing up on the actual schedule 1, Part1 line 8Z. It worked last year but does not seem to transfer this year. Will this cause a problem if I file with the type of other income left blank?
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2 Replies
PatriciaV
Expert Alumni

description of the type of other income I have put in to Turbo Tax is not showing up on the actual schedule 1, Part1 line 8Z

You may wish to review Schedule 1 of your tax return again, as TurboTax has been updated since you posted this question. We were able to enter a description for Other Income that carried over to Schedule 1.

 

In some cases, a separate schedule with additional information is added to your return and Sch 1 Line 8 will say "See Stmt."

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haharryha
New Member

description of the type of other income I have put in to Turbo Tax is not showing up on the actual schedule 1, Part1 line 8Z

The update fixed the problem and the required information was transferred and the Tax Return has now been accepted by the IRS.

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