In order to fix this holdup to enable e-filing, I reduced one of my expenses on Sch.C and the issue went away because I had a positive net profit (income).
My point is TurboTax has software glitches in at leas two places:
- If my net income from Sch. C (or K?) is negative, the online system should have never opened up the Sch.SE Self-Employment section. It would be unnecessary.
- Since the software obviously does allow a negative result (Loss) from Sch.C, the program should have options to recognize the loss and nullify any errors occurring on lines 3, 4 & 18 (Sch. SE).
TakeAway: TurboTax has errors that need fixing. This cost me valuable time trying to resolve this CATCH-22! I am not a happy customer!
