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RBFC
Level 2

Being forced to say we had a ownership change TT for Business

I installed TT for Business for 2021 and when I opened the product, I was prompted to pull info from last year's return and I did.  Now I am not able to enter my wife and I as partners.  It keeps saying we had an ownership change - which we did not....   If I say yes and set the change date to Jan 1st, It does not prompt for a ownership percentage.  Maybe a glitch?  Or user error....   Thanks

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1 Reply

Being forced to say we had a ownership change TT for Business

This has been an issue in the past and continues to be an issue for the 2021 tax year.

 

Unfortunately, there is no standard resolution to the issue other than checking the prior year's return (2020 in this instance) to ensure a partner was not deleted, et al., or simply entering partner information into the 2021 return manually (from scratch).

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