Business & farm

I'm in complete agreement with artvandelay7890 on this. If you combine those entities with losses and/or distributions, you have a huge number of taxpayers that should not be filing electronically. Turbotax should make this significant limitation much clearer on their Schedule E input. Nowhere that I have noticed has there been a warning that the return might need to be paper filed. So, at a minimum, a much clearer warning needs to pop up on the Schedule E form when the Basis Comp box is checked.

 

It would be a smart marketing move for Turbotax to transfer the basis data from the Turbotax Business system, for those that are using both products for filing passthrough and individual returns.