I am on a Mac using Turbotax Home and Business version 2024.r25.036
The system will not accept the 2023 number for operating loss. It says "Sum of losses in individual years should not be greater than the total loss (-18076). If I enter -18076, I get an error. If I get -18075 I get an error. If I get -18077 I get an error. In short, numbers larger and smaller and equal to the number requested by Turbotax (-18076) all fail.
I noted that the numbers for some earlier years on Schedule E were blank so I went through all my Tax returns from 2018 to the present and entered those into Schedule E as well and I still get the same error.
The system will not let me e-file my taxes due to this "error" - which seems to be a Turbotax bug.
That means I need to incur printing and mailing costs to file by paper to meet the deadline. And my return will be processed 4-6 weeks later than if I had e-filed.
How can this be solved so I can e-file?
I am not going enter Zero or other incorrect numbers to make this work because it is a form of perjury to make misrepresentations on one's tax form. See 26 USC 7206.
Will Intuit be paying for our printing and mailing expenses when its software refuses (due to this Turbotax error) to e-file?
BTW, I have read all the threads related to the error where TurboTax does not accept the number in Schedule E for 2023 Operating Loss. None of the "solutions" mentioned in those threads work.
