topic Schedule E Fed Profit/Loss Allowed must be entered in Investors & landlords

Schedule E Fed Profit/Loss Allowed must be entered

mdonsche — Mon, 13 Jul 2020 22:59:53 GMT

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.

Re: Schedule E Fed Profit/Loss Allowed must be entered

dav721 — Sun, 16 May 2021 19:35:32 GMT

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

Re: Schedule E Fed Profit/Loss Allowed must be entered

redpearl — Fri, 25 Feb 2022 05:49:49 GMT

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

Re: Schedule E Fed Profit/Loss Allowed must be entered

PatriciaV — Fri, 25 Feb 2022 13:52:36 GMT

@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):

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

If you are using TurboTax Online:

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