I have a loss on my 1041 for TurboTax Business. I don't want to carry it back, so TTB tells me to look for the form in Other Forms You May Need. I have been looking around, and I can't find anything about Other Forms I May Need. An online search only brings up TT Home&Biz, which is not the program I have.
Does anyone know what to do for this?
Go into forms mode. (View menu/forms or the F2 key). Click "open form" and search for elections. Open the election summary. Line 6 is the 172(b)(3) election. Click on the input field and click on the spyglass. It will open the election form. There may be an easier way to get there, but this will work.
Go into forms mode. (View menu/forms or the F2 key). Click "open form" and search for elections. Open the election summary. Line 6 is the 172(b)(3) election. Click on the input field and click on the spyglass. It will open the election form. There may be an easier way to get there, but this will work.
" Does anyone know what to do for this?"
Follow the screenshots below, which require you to first enter Forms Mode.
TagTeam! I am so glad to hear from you. When I searched "help," your first two lines showed up. It was clear that you knew the answer! However, tear-hair-outingly, the screenshots were not included, and I could not expand your answer to see them. Thank you!