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Level 2
April 16, 2022
Question

Problem Filing My Taxes

  • April 16, 2022
  • 1 reply
  • 0 views

I have Home & Business with Audit Defense.

I am trying to file my taxes. At the file prompt, it asks me to review certain entries. These entries relate to three K-1s that also have box 16 checked. However, in each case there are amounts for Total & US which are equal. The foreign amounts are all $0. It asks me to correct the foreign amount (which shows zero dollars as is the case on my K1s).

After I confirm the foreign values from my K1s are Zero Dollars, it then returns to the 'FILE YOUR TAXES' prompt. When I click the button, it then reverts back to the same process above.

In short, I can't file my taxes.

What do I need to do to correct the situation & file my taxes?

    1 reply

    BobR4Author
    Level 2
    April 16, 2022

    No need to respond. I sorted it out by going to forms and adding info on the Gross Income from K3.

    BobR4Author
    Level 2
    April 19, 2022

    Yes, I resolved the issue by going to "Forms". There were red flags which I addressed via the Forms window.

     

    Thanks for your help.