Hi, I'm using TT Premium 2021 on Windows 10.
Using the option 'Walk Me Through Everything', under Wages and Income, I get to the end of entering 1099B transactions and TT presents 'Here's all the investment accounts we have so far'.
Click 'Done' and you got to 'Did you have investments losses you couldn't claim in 2020?', click 'no';
next you get "Did you receive a Form 2439 for 2021?, click 'no';
next you get 'Any Straddles or Section 1256 Contracts?', click 'no';
next you get 'Incentive Stock Options', select 'No'; ---> then TT loops back to the Here's all the investment accounts we have so far screen . . . and the loop is repeated.
You never get out of the loop. I tried this scenario on on 2 different tax files and get caught in the loop at the same location.
This needs to be corrected and in the interim what is the reliable way to get out of the loop without corrupting your tax return?
You'll need to sign in or create an account to connect with an expert.
See the following FAQ.
Apparently the problem only occurs when you select "Walk me through everything" under Wages & Income. You should be able to avoid the problem by clicking "I'll choose what I work on" instead, then go directly to the specific income topics that you need.
To break out of the loop, click "Wages & Income."
Thanks. A recent (2/24/22) TT update has resolved the loop issue.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
kash9
New Member
csexpert22
Returning Member
Kegan
New Member
77542164
Level 1
bobster88
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.