Can't change the description of property in enterprise under Rental Business in TurboTax H&B 2024

[shuang1015]

Hello,

I'm a real estate professional, and own multiple rental properties which are all under one Enterprise (#1) for QBI purpose.  After the import from last year's TurboTax file, the name of the #1 Enterprise's "Description of first property in enterprise" is mismatched to the actual rental property / enterprise name .  In fact, every rental property in my Enterprise #1 has a mismatched name.   Also,  I can't change the name from Step-by-Step screen, I go to the Forms screen, nowhere that I can't find the description section to update the correct description of the rental property / enterprise

However, the Description name of the next screen "confirming property type and description" is correct from last year's data import.  Also, the Business name of the screen "Name and employer ID number for this rental" is also correct from last year's data import

I believe it's a bug in TurboTax 2024.  Could someone please help let me know how to make a change or someone report this bug to the Development team, so it can fix it to include in the next update?

Thanks very much,

Simon

[PatriciaV]

Yes, you can change the Enterprise information using Forms Mode in TurboTax Home & Business.

1. Open your return and click the Forms icon in the TurboTax header. 
2. In the list of Forms in My Return on the left, scroll down and look for Schedule E Wks (property address). 
3. Click the form name to open it in the large window. 
4. Under Line 22, in the QBI Smart Worksheet, use the QuickZoom on Line A(1)(a) to select the REE group assignment. 
5. You can change the name of the QBI business on Line 2.
6. To change the name of the RRE Enterprise, click the QuickZoom on line A, then use the QuickZoom at the top of the RRE Statement to open the QBI Worksheet.
7. Repeat steps 2-6 for each rental property.
8. Click Step-by-Step in the header to return to the main screens.