Is there a Schedule E glitch on 1099 reporting?

Forum|Forum|2 years ago
April 14, 2024
6 replies
42 views

Schedule E asks "did you make any payments that require filing a 1099?" I answer "no"

Next line reads "if you checked yes, have you filed them?" I have left this blank.

TurboTax will not let me file, in a circle over this. This was a question a few years back, someone suggested somewhere else I may have entered something that indicates I should have or need to file a 1099 for payment. I have gone through this and do not see an error in my return. Is this a glitch, how to override?

PaulaM

Alumni - Expert

Assuming you are in the rental section, there is a place in the Property Profile that asks 'Did you pay anyone $600 or more for work related to this Property?' If that is the place where you have indicated 'no', then you may need to clear your cache and cookies if using an online version.

For desktop, close out of the program completely. Then open again and let the updates run automatically before trying again to file.

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futaxesAuthor

Level 2

this did not work

PaulaM

Alumni - Expert

This isn't an ideal solution, but I did find this by PattiF.

Have you tried a different browser? I see the question box on the Schedule E worksheet. You may be able to deselect it there. @futaxes

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futaxesAuthor

Level 2

This did not work. I definitely think the problem or glitch originated from starting on TurboTax online version and ending on TurboTax Premier on my PC. On TurboTax Premier, they do not use the same steps, and absolutely nothing I entered on Premier stated I paid someone over $600.

No one from TurboTax ever called me back, and I submitted my taxes with incorrect boxes checked (the only way they would go through)

it did not change my taxes owed amount. If the IRS comes knocking, I m blaming turboTax.

TurboTax online is absolutely awful. I went that route, willing to pay more, thinking I would be getting tax advice I thought I needed as a first time property manager. However, the people I spoke to were definitely not tax knowledgable, and the one time someone attempted to transfer me to a real CPA, my call was dropped. After receiving one definitely incorrect answer, and multiple calls with no answer, I changed back to Premier. Also becasue in the online version, there is no access to forms, so you have no idea where your info is getting plugged in. This experience has made me rethink my tax prep for next year, as a longtime user of turbotax, I'll be shopping for another way

jennyjenny99

Level 2

This problem still exists. I have an extension to file me taxes and just a few days left now. I am trying to file via the desktop version and I'm getting the same schedule E error with the 1099s! How can I pay this much for such a program and it has so many glitches???!!!