Final K-1 Marked and it shouldn't be

[TSMunster]

I am trying to transfer 2022 tax return from 2022 TurboTax Business Desktop into 2023 TurboTax Business Desktop and it isn't bringing over the shareholder information. I have tried to just enter the shareholder info but then it tells me I have to check that we have a change in ownership (which we don't). After more investigating and talking with TurboTax help there was an error in software last year that marked our shareholders as their final year. How do we fix this and get it to transfer correctly so I can do 2023 taxes?

[Mike9241]

i don't know much about the business app but I suggest you go into the 2022 return and find where final is marked and uncheck it.  

[TSMunster]

I should have said I tried that too. It won't let me uncheck it. I even tried to amend the return to uncheck it and it won't let me do that either.

[GKDLI]

Same problem.  Is there an answer?

[CatinaT1]

Many things have been corrected in the latest updates to TurboTax. Are you still experiencing this problem?

Make sure you have ran all updates. 

If using TurboTax Online: Clear your cache and cookies. See this FAQ, for your particular browser.

If using TurboTax Desktop: Please see this FAQ.

[TSMunster]

I have done all the updates and it will still not let me uncheck the box that states it is the shareholder's last year. I have even tried to amend and it won't let me.

[CatinaT1]

Please call TurboTax Customer service.  Here is a link:  Turbo Tax Customer Service 

[TSMunster]

Thank you. I will try that again but I have talked with them 3 different times over an hour total and nobody seems to be able to fix the issue. It is hard not to get frustrated.

[TSMunster]

Has anyone found a fix to this yet? I am still struggling to get answers.

[DaveF1006]

Yes. Renter the shareholder in the program.  This is the only way that will clear up any errors made in the past.

@TSMunster