Get your taxes done using TurboTax

This is for tax year 2020.  Sorry, maybe you can't see the same discussion thread I was replying to, because I don't understand what you are suggesting or referring to.

 

Here is a summary of the problem:

Based on numerous threads I have read, it was nearing the October filing deadline in 2021 (for 2020 taxes) when desktop TT users were complaining about getting errors on the 8829 Asset Entry Worksheet for their home office.

Following a TT software update, the dropdown selection list on Line 5 (Type of asset) suddenly appeared blank and shaded red, and this caused an error that prevented the return from being filed.

Initially, the dropdown list only showed M or N as possible options, and users needing to enter a different asset type complained. They were told that a fix was being worked on, and shortly thereafter one was released.

Right after that, other users began complaining of having the opposite problem, that the dropdown list for Line 5 showed all other asset types EXCEPT for Type M or N.

This was a few days from the October deadline, but I only saw posts saying it was a bug needing to be fixed and not anything official.

 

This is the same problem I now have. My 2020 software version does not show Type M or N in the dropdown list for Line 5 of the 8829 Asset Entry Worksheet. I confirmed that my prior year's return did have Asset Type "M-Home Office" selected on this form, so it should have transferred correctly when I imported everything into my 2020 return. I compared all the other data on this form that was imported and everything looks to have transferred correctly, including the Asset Life History. The only thing that was wrong was that the Asset Type was automatically changed to "O-Other" because "M-Home Office" was not in the list of options.

 

So, back to my original question. Was a fix ever implemented and what is the latest update version made to the 2020 Home & Biz software for Windows? A few people posted on that discussion thread that a workaround to this problem would be selecting "J1-Nonresidential", but that entering the correct data would be necessary.

I don't know what data they were talking about or where I'd even begin to find it, but considering this is the result of a program bug in TurboTax, it seemed like this was a reasonable place to ask for a solution.

I don't need IRS guidelines or instructions. I don't need details about what is or isn't on this form in years other than 2020. What I do need is for the software I bought to work correctly, or I need clear instructions for a reasonable workaround that is acceptable to the IRS.