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New Member
posted Feb 11, 2023 11:00:32 AM

Why is it asking for K-40SVR Appraised Value when I don't own any property ?

I do not own property so why is it asking for a K40SVR ?

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5 Replies
Expert Alumni
Feb 11, 2023 4:31:21 PM

TurboTax is requiring unqualified taxpayer to complete the K-40SVR

 

There’s currently an issue where TurboTax is showing an error related to Form K-40SVR (Appraised Property Value). TurboTax is requiring unqualified taxpayers to complete the K-40SVR. 

 

TurboTax is working on a fix. As a workaround, you should enter a zero for the appraised value when you see the error. 

 

This will not impact the accuracy of your return. No credit is being calculated and the form is not part of the return.

New Member
Feb 13, 2023 8:06:39 AM

It's now Monday Feb 13, 2023 and still no fix for Kansas error on form K-40SVR problem.

Expert Alumni
Feb 13, 2023 10:51:32 AM

You may need to check for updates if you are using one of the TurboTax Desktop versions.  To check for updates if you're on a PC, open TurboTax and select Check for Updates from the Online menu near the top. On a Mac, simply quit and reopen TurboTax. If there are any updates, you'll be prompted to download them.

 

@emanchTT

 

New Member
Feb 16, 2023 12:35:38 PM

I keep getting emails that they are working on it. But it has been well over a week since I have tried to file. I have also tried doing it on the desktop like this person suggested but nope nothing. 

 

Just checked I tried to file on 2/6/23 so 10 days. 

Expert Alumni
Feb 16, 2023 1:27:29 PM

We believe that the Kansas K-40SVR error will be fixed in this weekend's updates to TurboTax.

 

That update is scheduled to take place on Saturday.

 

Thank you for your patience.

 

@maryaj90