topic Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction in Deductions & credits

cannot e-file due to endless-loop error regarding K-1 and QBI deduction

xtexan — Thu, 13 Feb 2020 23:53:23 GMT

This one error is preventing me from e-filing.

"Sch K-1 Wks-Partnerships (BUSINESS NAME, LLC): Activity name has entries for deductions such as section 179, depletion, section 59(e)(2) and other expenses that may be individually limited. For purposes of the qualified business income deduction those expenses are not yet supported. This will be enabled in a subsequent release."

There is a CONTINUE button, and clicking on it dismisses the error, which is still listed as "Needs Review" preventing e-filing. I'm using Chrome browser.

How to I solve this?

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

Irene2805 — Fri, 14 Feb 2020 20:54:53 GMT

The message has to do with the Qualified Business Income Deduction. (QBID). Forms 8995 and 8995-A, the forms used to to calculate the amount of QBID, are not final yet. TurboTax will update the program after the IRS finalizes their instructions. After that update you should see the QBID on your tax return and you will be able to file.

For current information on forms availability, please click on this link: Federal forms availability [Note: Forms 8995 and 8995-A might appear at the bottom of the list, not necessarily in numerical order.]

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

xtexan — Sat, 15 Feb 2020 07:15:26 GMT

Thanks Irene, you're the best for simplifying an overly complicated situation!

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

tooth — Thu, 20 Feb 2020 12:15:12 GMT

Both forms 8995 and 8995-A are marked as available but the same error still persists. Please advise.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

ryan2345 — Thu, 20 Feb 2020 14:51:04 GMT

Same problem here. Personal taxes are ready to e-file. When will this be fixed???

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

yatesd — Thu, 20 Feb 2020 14:59:54 GMT

I'm using Turbotax Premier for Mac and I downloaded and installed the 2/20/2019 form update and I still get the same message as the OP. Checking the forms status shows that 8995 and 8995-A are both available for print and e-file, but yet I still get the same message as the OP and it won't let me proceed with e-filing.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

Wmcilmail581 — Thu, 20 Feb 2020 15:05:02 GMT

Form 8995 has been updated per forms schedule but I still am getting the same error notice this morning and can't e-file. Can anyone identify when Turbo Tax will be updated? I have no updates outstanding. I downloaded the latest earlier today but still can't file. Thanks.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

Jeryl — Thu, 20 Feb 2020 17:24:08 GMT

Same error here. I updated today and still have the problem. Ready to file my taxes except for this issue

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

Rcspcs — Thu, 20 Feb 2020 21:03:34 GMT

Same here, customer service said I just have to keep waiting and checking! Grrr!

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

sunsetview45 — Fri, 21 Feb 2020 00:26:03 GMT

Just checked again, still the same no update! Come on Turbotax.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

gforce3s — Fri, 21 Feb 2020 02:27:31 GMT

Same thing even though their website says 8995-A is available currently. This is frustrating beyond belief.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

Wmcilmail581 — Fri, 21 Feb 2020 14:08:58 GMT

Checked again this morning. Still unable to e-file. Same error. Hope intuit will notify us when processing can resume on these type of returns. Thanks

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

Fvdeduction — Fri, 21 Feb 2020 15:13:38 GMT

Maybe we should start a new post. This one says solved.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

HFeatherKay — Fri, 21 Feb 2020 20:59:38 GMT

I'm still having the same issue as well. It says the forms are available, but this is not working.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

Wmcilmail581 — Fri, 21 Feb 2020 21:07:32 GMT

Can someone from Intuit address this issue and when it will be resolved? There are quite a few of us who are impacted and customer service can’t address?

Thank you for any guidance we can be provided.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

Wmcilmail581 — Sat, 22 Feb 2020 13:01:50 GMT

When will the subsequent release be completed by Intuit? The lack of response or accurate timeline is very frustrating. As a long time user, this is not good customer service. Please address when the work is scheduled. Most companies do a weekly release update but we have been told nothing.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

jasonmorris81 — Sat, 22 Feb 2020 18:23:19 GMT

Same status as of 12pm CST on 2/22/20. TT please advise when this will be updated

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

phflood — Sat, 22 Feb 2020 19:23:23 GMT

Same as others have stated. Still gives the same message that certain expenses may be individually limited (I have a Section 179 deduction) and those expenses are not yet supported.

I still can't e-file because of not being able to pass the Federal Review. I've talked with turbo tax customer service and they know nothing more than we do.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction

buckcali — Sat, 22 Feb 2020 22:29:11 GMT

Same status as all above as of 2/22/2020 - customer service can not help. Passed me onto an Tax expert for a fee lol.. not the issue. Online version so it should be updated but who knows.

Re: cannot e-file due to endless-loop error regarding K-1 and QBI deduction - UPDATE

buckcali — Sat, 22 Feb 2020 22:40:46 GMT

Update-

Well I am guess that TT can not file until the IRS release the form 2-28-2020 see link below.

TT should update they release forms then... we are using they service as they should be on top of these issues so we dont have too be..

https://www.irs.gov/e-file-providers/list-of-available-free-file-fillable-forms