You may be getting this code fi you have QBI loss carryforward entries from 2020. There is a known issue that will be corrected with a release on 04//08/2022.

@knjwarren

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frustrateduser17

Level 2

I'm still getting the error at federal review time. Any other thoughts?

woodyzhou

Level 2

I am getting the same issue on Turbotax online. Already paid for the software but can't e-file

heather100

Level 2

Go delete the QBI worksheet and that fixes the issue.

woodyzhou

Level 2

Which QBI worksheet exactly

Kampeh

Level 2

I had the same issue and I deleted the QBI form and it worked.

ShirlynW

Level 8

If the QBI calculations could not be completed, would you clarify, what kind of income do you have?

@Kampeh

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NancyB7070

Level 2

It's likely that you have worksheets that have identical business names e.g. "Insurance Agent". So the error would state " Qualified Business Income Component wkst (Insurance Agent): Your calculations could not be completed. Reference code : 8-312-029" Deleting one worksheet will resolve the issue. It will automatically rename the other form with a generic name. This should resolve the issue and allow you to efile.

ItsAlreadyApril15th

Level 2

How do you delete one of the forms?

PatriciaV

Level 15

To delete one of the worksheets, choose the steps for your version of TurboTax:

If you are using the Desktop version of our software (CD/Download):

Click on Forms in the upper right of your screen
Find the relevant form on the left hand side of your screen in the Forms in My Return list
Click on the form (note, there may be one for both taxpayer and spouse if married filing jointly)
Click Delete Form button at the bottom of the screen
Click Yes to confirm you want to delete

If you are using TurboTax Online:

Login to TurboTax and click on Continue your return to get into the prep section
Click on My Account at the top of your screen
Click on Tools
In the list at the bottom, click on Delete a form
Click Delete next to the relevant form
Click Delete Selected Form to confirm deletion