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Sch k-1 wks Partnerships

Soo annoyed! What doesn't make sense is how some other software is able to work. Our business partner submitted his already with no errors using a different software. I called TT asking for a refund and was told no. They don't have a current date for the update any longer but would fix as soon as the IRS released. It won't even let me mail the return. It keeps clicking back to e-file with the error. Ugh. 

Sch k-1 wks Partnerships

Following the thread.

Sch k-1 wks Partnerships

Has anyone tried deleting the K-1 and then re-inputting it?  Wondering if that might work...

NS37
Level 1

Sch k-1 wks Partnerships

Yes, earlier in the thread, someone tried that with the same results.

DaveF1006
Expert Alumni

Sch k-1 wks Partnerships

For the purposes of the qualified business deduction, these need to be reported on a 8995A.  This form has not been released by the IRS.

 

Here is the latest updates on when the forms will be released by the IRS. Please review this IRS link. for information on the latest updates. Looks like 2/28/2020 for the 8995A form.

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Sch k-1 wks Partnerships

The forms are available as I have them from my cpa and they say we can mail them in TurboTax is slacking not able file electronically

Sch k-1 wks Partnerships

Must have been released, I reviewed mine and worked and e-filed! give it a try again folks!

Sch k-1 wks Partnerships

Negative still for me. Not working/calculating the deduction.  Let's hope the fix is here on 2/28

Sch k-1 wks Partnerships

hmmm it fixed my 8995 form sorry

Sch k-1 wks Partnerships

It worked for me just now!! It wasn't working yesterday. Good luck to everyone & fingers crossed to an expedited return! 

thestosh
New Member

Sch k-1 wks Partnerships

I just tried it and it finally went through!

Sch k-1 wks Partnerships

For those of you who submitted it , did it actually calculate and give you the deduction? Mine always gave me the ability to submit but I noticed the deduction was not calculated.  I"m also following this link in the community closely.

 

https://ttlc.intuit.com/community/taxes/discussion/why-is-form-8995a-still-unavailable/00/1104942

 

Sch k-1 wks Partnerships

Mine too!  Woo hoo!

Sch k-1 wks Partnerships

Me too!

Sch k-1 wks Partnerships

Yes mine calculated the deduction 

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