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Returning Member
posted Jul 13, 2020 3:59:53 PM

Schedule E Fed Profit/Loss Allowed must be entered

I'm getting an error on Schedule E Worksheet (untitled): Fed Profit/Loss Allowed must be entered.  I can't figure out what this means.

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3 Replies
New Member
May 16, 2021 12:35:32 PM

I can not figure this out. Also, the Form will not let me make an entry

Returning Member
Feb 24, 2022 9:49:49 PM

Same here. The system does not allow me to enter anything there. How can I fix this error?

Expert Alumni
Feb 25, 2022 5:52:36 AM

@redpearl
This message appears related to the Qualified Business Income Deduction Smart Worksheet section of the Sch E Worksheet. You may wish to review/update the property reported on Schedule E, specifically the questions about QBI at the end of the section. If you find nothing to add or change, try deleting the worksheet, then close and reopen your return to run SmartCheck again.

 

How to delete a form:

 

If you are using the Desktop version of our software (CD/Download):

  1. Open your return
  2. Click on Forms in the upper right of your screen
  3. Find the relevant form on the left hand side of your screen in the Forms in My Return list
  4. Click on the form
  5. Click Delete Form button at the bottom of the screen
  6. Click Yes to confirm you want to delete.

If you are using TurboTax Online:

  1. Login to TurboTax and continue to your return
  2. Click on Tools
  3. Click on Delete a form
  4. Click Delete next to the relevant form
  5. Click Delete Selected Form to confirm deletion.