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Get your taxes done using TurboTax
To BBL
Some posts have had TT Advisors say this would be the method to implement/fix once TT corrects the software.
Apparently - the present return we have already completed and attempted to e-file - has the "old" business rules regarding Form 8960. Once TT updates their software with the "New" IRS Business rules for Form 8960 - I guess deleting any 1099-NEC's/MISC's in Other Income and re-entering them - would allow the updated software to NOT place this other income in lines 4a, 4b on Form 8960. Thus, prevent the IRS rejection.
We'll see.
‎February 3, 2023
7:12 AM