Remove QBI Rental Real Estate Safe Harbor Statement: erroneously selected

[Kimeree]

Please Help!  I read through what the rest of the posts talked through for this post but my issue is that I did not notice that the QBI Rental Real Estate Safe Harbor Statement & the Section 1.263(a)-1(f) were included before I filed my taxes with the IRS and they were immediately accepted. 

I have to say after reading all the other posts that this is an area that TurboTax can improve upon in the future.  If so many of the users are impacted by something we indicated as a NO, then there must be a better way to present this information.

My printer is not functioning which is why I did not notice it before filing... quite frankly I looked at the usual 1040 Sch 1 Sch A Sch D and then filed it.  Only after going to an alternate source to print it did I realize the situation.

While the dollar amount for this did not impact my overall taxes I DID NOT respond to this in the affirmative which is why I had no idea it was included. 

I am concerned that this erroneous inclusion by Turbo Tax may influence an audit or impact future years.  

Can I refile to remove those forms when there is no net change to the refund I am receiving?  

[herbbach]

I seem to remember that at one time the safe harbor did inclue rental property as eligible for QBI.  I realize that it is not included now. Did this change or was I mistaken in the first place?

[JamesG1]

You are not mistaken.

The question concerning Qualified Business Income may be found within the rental real estate activity.

To see whether the rental activity qualifies as qualified business income, follow these steps:

• Down the left side of the screen, click on Federal.
• Down the left side of the screen, click on Wages & income.
• Scroll down to Rentals, Royalties, and Farm.  Select Show more.
• Select Start / Revisit to the right of Rental Properties and Royalties.
• At the screen Your 2022 rentals and royalties summary, you are able to view any rental or royalty activity that has been created.
• Click Edit to the right of the rental activity.
• At the screen Here's rental property info, scroll down to Qualified Business Income.  Click Edit to the right.
• At the screen Let's see if you're eligible for the QBI safe harbor, answer the questions.

@herbbach