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hagan1950
Returning Member

qualifying as a realtor

TurboTax is telling me I don't qualify as a realtor however I am realtor and had a loss in my business.  Can anyone explain why TurboTax is saying I don't qualify as a realtor

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3 Replies

qualifying as a realtor

Your profile indicates you are using TurboTax Business. If so, which module are you in (e.g., S corporation)?

 

If you are using a personal edition of TurboTax (i.e., not TurboTax Business), which section are you in?

hagan1950
Returning Member

qualifying as a realtor

I am using turbo tax for business

 

qualifying as a realtor

Which type of return and where is it indicating that you do not qualify?

 

Generally, you will mark that you materially participate in the activity when you enter the K-1 into your personal income tax return.

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