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TurboTax put my rentals into two separate Enterprises for QBI - why and how to fix?
I own 5 rental homes.
I answered positively for all criteria to qualify for QBI. And I answered the same way for all properties.
But I see that TurboTax put homes B, C, D, and E into an Enterprise called "Enterprise A", while putting home A into an Enterprise by itself called "Enterprise B".
Why didn't it put A into Enterprise A as well?
When I attempt to Edit the details for rental property A, it does NOT even show "Enterprise A" as an option, even though the other 4 are in it. The only two choices are "Enterprise B" or "This property is part of a separate enterprise not listed here".
Reviewing last year's return, it correctly put all 5 into the same Enterprise.
How do I fix this?
‎February 21, 2024
1:01 PM