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jdazer
New Member

"If the only 199A income is REIT dividends from one or more 1099-DIVs... then you cannot file your return at this time. This will be supported in a subsequent release"????

Turbotax is blocking me from proceeding with my federal return with the following error.

 

"Qualified Business Inc Deduction Summary: Total REIT dividends - If the only 199A income is REIT dividends from one or more 1099-DIVs and your taxable income is over the threshold for your filing status ... then you cannot file your return at this time. This will be supported in a subsequent release."

 

In the "Qualified Business Income Deduction Summary", which is getting flagged, it's flagging line 9 for "Total REIT dividends". I suspect it's sourcing this value from one of my 1099-DIV forms from mutual fund investment.

 

How do I fix this? I don't even run a business and am employed. I've spent 2 hours going through the forms and this is incredibly frustrating.

 

Thanks in advance.

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2 Replies

"If the only 199A income is REIT dividends from one or more 1099-DIVs... then you cannot file your return at this time. This will be supported in a subsequent release"????


@jdazer wrote:

How do I fix this? I don't even run a business and am employed.


This could be a result of the fact that Form 8995-A has not been finalized and incorporated into the program at this point in time. 

 

Form 8995-A is scheduled to be released (in an update) on 2/20/2020.

 

See https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_windows_individual.htm...

jdazer
New Member

"If the only 199A income is REIT dividends from one or more 1099-DIVs... then you cannot file your return at this time. This will be supported in a subsequent release"????

I see. Thanks for pointing this out. I hope this is resolved by then.

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