I had the same issue, unfortunately the only way around this is to put your income under coop as well (even though that is wrong) and attach a note on the form description this is an error on the form. Once I did that I was able to submit my form electronically.
how did you attach explanation? Separate sheet of paper, write directly on form, or what?
I recommend leaving the Coop section blank. Also, there should be no allocation of expenses to Coop Payments. If an allocation is present on the expense side, this would generate the error in the program.
Sorry but that doesn't work, I am getting the error again this year as well. I have a net business loss. This form is broken and I am trying to figure out yet another work around for this year.
I just put it in the popup form description, but this year it is not working and I am trying to figure out the work around.
Has anyone found the solution? I am getting this error as well doesn't seem to apply to my consulting business and I too had a loss... so no income (should be zero) but it isn't allowing that
Corrected error by selecting NO box at top of schedule C: Is this activity a qualified trade business under [removed]?
***BE ADVISED I'M NOT A TAX ATTORNEY NOR A CERTIFIED ACCOUNTANT***
How do you go about selecting NO box at the top of Schedule C ?
In Forms view: Schedule C | Profit Loss From Business (Sole Proprietorship).
First question under Name of Proprietor and SSN, "Is this activity a qualified trade or business under Section 199A?" It has a Yes and No select option. TT Step-by-Step was automatically selecting Yes; once I selected NO in Forms view, the qualified coop payment error was resolved. I researched Section 199A confirming my business did not qualify under Section 199A. Cheers!
Do you know if there is any way around this on the online version? I am having the same issue, however, it looks like Forms view is only available in the full CD/Download version.
I'm experiencing the same thing on the online version. Can't figure it out, going bananas.
how do you access this section on the online version? I can't seem to find anything to resolve this error.
I'm not sure if this will work for you, but my workaround was to input the same amount as my "Other income from Schedule 1, line 9" into the inputs for the qualified coop payments and continue as normal. I checked the .pdf's before I transmitted my tax returns and it actually left my qualified coop payments as $0, as it should have been.
Good luck! I was going bananas, too.
So what I did, although this makes no sense at all, is put a Net Loss in the "Qualified Business Income Deduction Smart Worksheet" Line K 1 that was greater than my business loss. Then in the pop up box (Supporting Details) associated with that line I put in the description what I did and why I did it. Since this is a worksheet it seemed to be a work around and cleared the error.
So for my disclaimer, since people are now posting these. This is not real tax advice and I am not a qualified tax consultant or tax professional. If you follow my advice you do this at your own risk.
Sayreko, your solution worked for us. We selected "No" on the Schedule C top line and it made the nagging request for input go away. Arigato!
So I had the same issue. I had paid for "live support" and got a real CPA to help me through it. I thought it was a software issue, but it turned out to be a real tax effort. The new tax code does not recognize "negative" sales. I was taking an $8,500 loss on a contract that former client skipped out on... and was showing it as a loss in income. She had me put it in "misc. expenses" as a positive number. The error went away. She also said showing it as an expense, rather than a "negative sale" is less likely to draw attention.
Unfortunately your answer totally ignores the problem. Not happy with this stupid TT loop.
am getting an error message that qualified coop payments should not be more than total gross receipts. However, my qualified coop payments are zero. What can I do?
Note. Misc. expenses are located on Schedule C Worksheets. Section is called Miscellaneous Expenses. Description as I put it "Business loss".
At the same time I removed negative income from "other income" section.
I am not a tax professional in any way.