I am claiming a casualty loss using the Insurance Safe Harbor Method. Form 4684 instructions say "When completing Form 4684, do not enter an amount on line 5 or line 6 for each property. Instead, enter the decrease in the FMV determined in the relevant safe harbor method on line 7". TurboTax auto fills Lines 5 and 6 and will not let me delete them. If I override, it cancels my accuracy guaranty and I will have to paper file. Turbo Tax has known about this issue for several years, and it appears that it still hasn't been fixed? Any advice on how to fix this without canceling my accuracy guaranty?
I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:
TurboTax Online:
TurboTax Desktop/Download Versions:
*(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)