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Deductions & credits
I am having the same problem with my 2020 Return. Turbotax Desktop Software is not populating nor allowing me to override Form 1040 Schedule 1 Line 22 for an Adjustment to Income for the Excess Deductions Amount entered on the K-1 Worksheet (Line 11, Code A). I am totally frustrated. Does Turbotax need to update the 2020 software since this IRS guidance was released on 9/21/20120? Also why will they not allow me to override on the Forms View so that I can simple enter the # myself. How do I get someone from Turbotax to engage with a communication with me on this matter?
‎February 7, 2021
10:17 AM