2506506
Hello, been doing taxes with Turbo Tax business for many years, on the error check section, I keep getting error for "Owner percentage worksheet". I have not changed ownership, its only me as an S corp and I imported last years info. I also went back to corp info and at the bottom " Has Ownership changed" I verified its set to "No"..I can't put 100% as its asking for an amount not percentage, no sure what to do..Thanks
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This has been an ongoing issue and reported by many users.
If you have the 2020 version of TurboTax Business installed, you can check your 2020 return to see if a K-1 was marked as final or a shareholder was deleted.
Beyond that, you can delete the shareholder and enter the information form that shareholder from scratch.
Thanks, I will delete the Shareholder and re-enter ..
Hello, I tried both methods mentioned but still have the issue.
I deleted shareholder and filled out form for new Share holder, was asked if "Ownership changed" and answered No.
I installed 2020 version, looked at my last year and neither mentioned applied, Shareholder was there and it was not marked as "Final"
I will contact via chat to see how to fix issue..
FYI, I solved it by just deleting the form, since its only me and I did not add any additional partners or any changes of ownership, to fix the issue, the best solution was to delete the form..
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