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
I don't see any screenshot, but you can go back to the rental properties section and go back through the QBI questions or you can make the changes in Forms Mode. For either solution, you will need to exit the review. After you change your answers, you can return to the review.
Search for rentals and use the Jump to link. Answer Yes, then None of the Above. You should land of Rental and Royalty Summary; from there - Select Edit next to your property; click on Done with Rental Property and then on the Any Other Situations? screen, click Continue. You should get to the QBI questions.
Or go to Forms Mode - Go to the Schedule E Wks, and scroll down to Qualified Business Income Deduction Smart Worksheet. Select NO on Line A. Make sure to delete any 8995 Forms if any remain.
How to delete forms in TurboTax Desktop