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That's correct as has been noted here. The problem is that if didn't go back and change the setting to yes directly on the form, you ended up with a no response based on the initial guided approach or whatever they call it. They did not include that question in the guided approach so many assumed the 2 questions included covered their situation and they did not.
When I mistakenly answered "No" on the safe harbor question, why did the system not complete form 4626 for me? Now I have a letter from the IRS looking for that form. I'm not crazy about the idea of amending my return when they've asked me to complete for 4626 but I don't have the expertise to do that form and apparently neither does TurboTax Business.
I had the same problem and described my solution at
I have since received my refund from IRS and a letter from IRS, so it appears my approach worked for me at least. The refund took about 3? months. Good luck.
My post a few minutes ago was in reply to jameslmulligan,
but this discussion board didn't indicate that, which may be confusing.
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