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Level 2
February 20, 2024
Question

Glitch on the 7205 form requirement

  • February 20, 2024
  • 5 replies
  • 43 views

I'm filing with Turbotax Premier, and I have a small business. I DONT want to take the efficient building credit (line 27B of Schedule C  Profit and Loss statement), so I've left the value at $0. When I do a final check before E-filing it kicks back saying I need to print and mail form 7205 along with the complete tax form set instead of E-filing. I can't take the deduction that requires the 7205 form, so why is it kicking me back? Seems like a glitch in the software. 

 

Any ideas?

 

Thanks, Gary

    5 replies

    PrindereAuthor
    Level 2
    February 20, 2024

    Nevermind. With the help of tech services, I was instructed to dump all the entries on the Schedule C  and delete it, then save the rest and close and reopen the program. After reloading the values it all worked.

    Level 2
    February 22, 2024

    Preindere... I don't understand.  You say "DUMP" all the entries on Schedule C??  Shouldn't I just be able to hit delete or backspace and remove the zero that was auto-filled by turbotax?  

    Level 15
    February 23, 2024

    Yes, you should try that.  If it doesn't work you can restart schedule C and that should work as well.

     

    @bagelc 

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