Final Review Error

5 replies
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I'm filing an estate tax form. When doing final review, I get the error that the date of sale is not in this tax year. I verify that the entry is correct. Should I just ignore these errors for all the entries and file the taxes?

TurboTax Business Windows

Anonymous_Answer

Level 15

@longmere I would not suggest filing with the type of error you are seeing.

Rather, check the date of your tax year in Business Info>>About Your Trust or Estate. Also check the decedent's date of death to make sure it is accurate.

LeonardS

Alumni - Intuit

Are you using the correct year of TurboTax to file the return? If the sale date is 2018 you can not use the TurboTax 2019 program to file the return you will have to use the 2018 program.

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longmereAuthor

Level 2

I am using the 2019 Business Tax software. I entered the purchase date of 08/04/2018 and the sale date of 03/01/2019. I get errors on all of my entries. I don't have any problem with ignoring these as an error in TurboTax, but am concerned if the calculations are being done correctly????? Thanks for the quick response. Glad that I don't have to become an estate tax filing expert.

Anonymous_Answer

Level 15

@longmere I would not suggest filing with the type of error you are seeing.

Rather, check the date of your tax year in Business Info>>About Your Trust or Estate. Also check the decedent's date of death to make sure it is accurate.