Turbotax says I reported an Energy Efficient Commercial Buildings Deduction but I did not. Where can I fix that in Business step by step?

[theunbelievable]

As I was preparing to efile, TT said I needed form 7205 to support this deduction. Where do I correct this?

[MonikaK1]

Users encountering this situation have found this solution works when using TurboTax Home and Business:

In Business Expenses, under Other Common Business Expenses, look through that list and you will find "Energy Efficient Buildings". Select Update and delete the 0 amount or other amount that appears. 

This is done in the "step by step" view of Turbo Tax, NOT in the Forms view.

[theunbelievable]

Thanks so much for your answer, but where can I find this step by step in the Business version, not Home and Business? This is my LLC 1065.

[PatriciaV · Accepted solution]

In TurboTax Business, the Energy Efficient Commercial Buildings Deduction appears under Common Business Expenses, found on the Deductions summary page. Be sure the box is empty (no zero).

Or open Form 1120-S using Forms Mode and delete the zero from Line 19.

@theunbelievable 

[theunbelievable]

It worked! Thanks!

[TravisT]

Hi,

I’m experiencing the same problem using TurboTax Home and Business 2024. Tried to follow the directions above, but couldn’t find any section entitled “Other Common Business Expenses”. Any advice? Thank you

[JohnW152]

To remove this information in Windows:

1. Make sure you're in Step-By-Step mode
2. Select FEDERAL TAXES in the top banner
3. Select Deductions
4. Under Business Expenses, select Start or Update to the right of Common business expenses
5. On the Enter Your common Business Expenses screen, delete any entry next to Energy Efficient Commercial Buildings Deduction
6. Select Continue

@TravisT 

[TravisT]

Works perfect-thank you!

[ChemCorr]

I have the same problem in TurboTax Premier.  I do not find the "Other Business Expense" or "Common Business Expense" section in my Step-by-Step view.  My Business Items appear in "Wages & Income" . "Business Items" . "Business Income and Expenses (Sch C)"

There is no access there to the individual lines of Sch C. 

[IsabellaG]

If you go through the Business Items section in TurboTax Premier, you can find the Energy Efficient Commercial Buildings deduction at the Business Expenses screen, by clicking Start or Update on All Other Expenses. It's the last entry under Enter Your Business Expenses.