Form 8990 is brand new for the 2018 tax year, so you would have never encountered this line of questioning in the past. I have not run through the 1120 recently, but I would assume the program would not require you to file it since you would obviously be excluded.
Since it's new, you may have to complete just to get the exclusion.
Form 8990 is brand new for the 2018 tax year, so you would have never encountered this line of questioning in the past. I have not run through the 1120 recently, but I would assume the program would not require you to file it since you would obviously be excluded.
Since it's new, you may have to complete just to get the exclusion.
Go to schedule B Item 10 and answer Yes. Now the form is not needed
Exclusions from filing. A taxpayer is not
required to file Form 8990 if the taxpayer
is a small business taxpayer and does not
have excess business interest expense
from a partnership.
I have a specific problem and need to speak with a person to solve it. Id that possible now?
How can I reach an agent who can answer a question I have.?
What # can I call?
@dickpodolec wrote:
How can I reach an agent who can answer a question I have.?
What # can I call?
Ask your question here and someone should be able to help you.
See this TurboTax support FAQ on how to contact Support - https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-contact-turbotax/00/26991