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secret. Turbotax does not use schedule L for anything. if you feel you must enter the number enter it as a negative. it seems the actual k-1 uses brackets, but Turbotax does not. in fact, there are instructions next to that line in step mode to enter it as a negative. also, as a negative in forms mode. you'll know you did it correctly when ending capital in Turbotax matches the k-1. 

@baldietax wrote: I've been buying it for years ranging $70-120, for 2024 I paid $80.... Exactly, and right at this moment H&R Block's premium, installed product is for sale (2025 pre-order) at $84.99 on Amazon. So, how much "more expensive" is TurboTax Premier?

Hola que tal, quisiera preguntar acerca del mismo tema. Ya espere cerca de 2 meses pero no he recibido respuesta ni nada acerca del numero itin para mi esposa, ya intenté comunicarme con el irs pero no me dan una respuesta clara y se me complica hablar por teléfono porque las llamadas se cortan al pasar 5 o 10 minutos cuando me contesta un agente. Sabrá si puedo acudir personalmente a las oficinas del irs en Austin TX para preguntar que pasa o bien si me pueden regresar el pasaporte de mi esposa ya que lo necesito porque ya falta poco tiempo para la próxima temporada de impuestos. Sabe a que dirección exactamente podría acudir o si necesitaria cita para ser atendido De ante mano muchas gracias y espero me pueda apoyar

I am getting into the same issue with Turbotax Business 2024. I last saved the tax file in September. Today I tried to reopen it so that I can get ready for filing the return. And I got that Error 190 message. The suggested solution is to download the state forms. I am in Texas and there is no state income tax in this state. What are my options? Thanks. 

        If this is a help, I have inserted the portion of the email that I recieved from Turbo tax immediately after the filing was rejected.  It states the Oct. 20 deadline for this case.           Important filing deadlines             If your return is rejected before the April 15, 2025 tax filing deadline has passed, you can still correct and re‑file your tax return before April 20, 2025 without being considered late by the IRS. If you filed an extension, and your return is rejected before the October 15, 2025 tax filing deadline has passed, you can still correct and re‑file your tax return before October 20, 2025 without being considered late by the IRS. Learn more   If you e‑filed any state returns, you’ll receive separate status emails about those returns. Delays in e‑filing your federal return may cause delays in your state tax return. And remember, keeping a copy of all status update emails like this one is always a good idea.              Check before you click! TurboTax will never ask you for your personal information in an email. When you click on a link, the address should always contain "intuit.com/".    

@pguerci A 1040 is the tax return form you prepare here to send to the IRS.   If you start entering data in this software you are preparing a Form 1040.   Please look at it so you will know what you are sending to the IRS:   PREVIEW 1040   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr      

There are places for two names on Schedule C: "name of proprietor" and "business name." Name of proprietor should be the name of whichever one of you owns the business. Business name should be the name of the business. If it is truly "our business," meaning that you both own it, you should not be reporting it on Schedule C, or at least not on a single Schedule C. How you report the business depends on whether you live in a community property state, and whether there are any other owners besides you and your husband. There are additional considerations if the business is a partnership, LLC, S corp, or C corp.  

Thanks again. I did file for an extention before April 15.  I then filed my efile on Oct. 12 and it was rejected.  Turbotax replied that the IRS give me until Oct. 20 to refile if my electronic filing by Oct. 15 with an extension was rejected.  Isn't this information correct?

Yes, that message is different from the AGI not matching. It is now too late to e-file for 2024, with or without an extension. You will have to file by mail. I don't know why you think you should be able to e-file until Oct. 20. October 15 is the last day for an initial e-file, with or without an extension.  

Do you have the tax return data file with a .tax2024 file name extension? You cannot open a PDF in TurboTax. Do you have the TurboTax software in Windows or on a Mac? Don't try to open the file by clicking on the file. Start the TurboTax program, then open the file from within TurboTax. I'm not sure what you mean by "TT doesn't complete the task of opening." Do you mean that TurboTax does not open the .tax2024 file, or that the TurboTax program doesn't open? What exactly happens when you try to open the file? If you get an error message, what is the exact complete message?  

I changed the AGI to $0 and was rejected again.  As before, it says: "Transmission failed: You are past the deadline for new filings. Please contact customer support. Looks like we've had a technical hiccup."     Is this different from the statement that the 2023 AGI does not match their records?  I know the 2023 AGI is correct.   Continued thanks for your help!

Also, If I follow what you are suggesting, turbotax is not showing $104 income on line 4b in 1040. It is calculating the penalty on this $104. That makes me feel it is leaving behind some holes which could again be questioned later on.