Turbo tax premier handled Box 13 code K, last year with no issues, and prior years
This year its says "The program currently does not support Form 8990. You may need to print and complete form 8990. I looked at that and it makes no sense.
IS Turbo Tax premier going to support this or HOW do I get a refund. So pissed off. $90 and the program stinks.
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Your are correct, Form 8990 is not supported in TurboTax.
Not sure how that answer helps anything...as I said box 13 K WAS HANDLED LAST YEAR and for the last 4 years. The ONLY reason I bought Turbo Tax Premier was due to the K1 .... not it won't even do that.
WILL THIS be supported and if not HOW do I get my money back.
There is no plan for TurboTax (any version) to prepare Form 8990. If you want to track your excess business interest, you will need to manually prepare that form, and include it with the return that you print and mail.
Click here for IRS form and instructions for Form 8990.
To request a refund, see this article: How do I request a refund for my TurboTax product?
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