overrides prevent e-filing. You have in effect voided the TurboTax accuracy guarantee. I doubt the IRS will understand why you overrode line 22. that number will not match form 8582. line 11. whether this could result in other lines on your 1040 being misreported is unknown.
you'll have to wait to see if the IRS sends you a notice which I think is likely. we don't know who the other owner is, but this style of reporting could raise the issue of whether a partnership return was required. if the IRS determines one should have been file, its late and penalties for late filing are abouyt $400/month (2 partners)/for up to 12 months.
