Business & farm

I too have this error after updating with no explanation and not date of repair.

 

@Irene2805 To correct your response in this thread, Line 17 in the latest TT for Business does not have a value on line 17 anymore. It refers only to a statement which I presume you submit in leu of the 2018 process which put the values directly on the 1120s.

 

If you look at the 2018 product code V refers to the Qualified Business Income. Adding that value to the K-1 in Turbo Tax Premier 2019, causes the QBI functionality to come alive. That should not be necessary if K-1 info is present. Unfortunately, this thread is telling you either there is a bug, or you did not complete QBI even though it was promised on 2/20/20.

 

Many of us are not prevented from filing because of this and I believe Intuit owes us a response.