Dear Experts,
I was reviewing my tax return under the review tab on the TurboTax software. I was in the subsection fix errors. I accidentally marked some rental income as QBI. However, I should have marked it no. But since I hit the continue button in the software in the review section. I am now unable to fix that. Please see the screenshot for reference where I accidentally marked it yes. (This screenshot is taken from a question on similar topic on the Community so it is showing marked as "No". But I actually marked it "Yes").
Please tell me how can I fix this? I am using this on Mac
Thanks,
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Within the rental activity, select QBI or Qualified Business Income.
At the screen Let's see if you're eligible for the QBI safe harbor. select No, I don't or can't (common).
At the screen Is this Qualified Business Income? select No, this income is not qualified.
Hi @JamesG1 , Thanks for the response.
I do not see QBI income section within the rental activity section. I see that only under the section less common business situation.
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