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DBLW
New Member

Error with transferring data from Schedule E, Line 26 to Schedule 1, Line 5

The number on my Schedule E, Line 26 (3,615) should be transferred/entered on Schedule 1, Line 5.  Turbotax automatically entered a higher number (16,773) into Schedule 1, Line 5.  The 16,773 is then transferred/entered onto 1040, Line 8.  This is inflating my income by $13,158.  

 

Is this an error or am I missing something?  

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1 Reply
KrisD15
Employee Tax Expert

Error with transferring data from Schedule E, Line 26 to Schedule 1, Line 5

To clarify, do you have any other income that would be carried to Schedule 1 line 5 such as a K-1?

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