Anyone get this error? If Form 8960, 'NetRentalIncomeOrLossAmt' has a non-zero value, then it must be equal to Schedule 1 (Form 1040), 'RentalRealEstateIncomeLossAmt

This Best Answer states:

 

Upon review, instructions to Form 8960 require the inclusion of 1040 Schedule 1, items 3 and 5, in Form 8960 item 4(a).  As such, this is not a Turbotax issue.

 

See instructions to Form 8960, page 6 - https://www.irs.gov/pub/irs-pdf/i8960.pdf.

 

That said, I reviewed the IRS website for known issues and solution dates.  The issues is known by the IRS and there is a resolution date of 2/5/2023.  Once fixed by the IRS, we should all be able to file.  

 

Do you actually have IRS form 8960 included in your tax forms?

 

@grib79

 

 

https://www.irs.gov/e-file-providers/known-issues-and-solutions 

 

IRS Issue and noted on the link above - update as of 2/1 was Feb /March timeframe to fix /update the business rules on IRS side to accept returns with this form via E-File .