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Deductions & credits
TurboTax 2023 Business Desktop Form 7205 PROBLEM (ANSWER)
1. In the Program, click on the FEDERAL TAXES tab
2. Click on Deductions
3. scroll down to BUSINESS EXPENSES catagory
4. Click on (update/start) COMMON BUSINESS EXPENSES (it should be the first one)
5. (alphabetized) Scroll down until you see ENERGY EFFICIENT COMMERCIAL BUILDINGS DEDUCTION
6. You will see a 0 in the amount section as the programs default number. Backspace it/Delete it so there is no number in that field.
Your problem is now fixed and you may e-file your return when ready.
March 11, 2024
12:20 PM
2,408 Views