Hello,
I am using Turbo Tax Business to file my CA LLC return. When running the State review, I reach a point where I am asked to check an entry on Form 3554. The screen says "Form 3554: Question E must be entered". I opened Form 3554 and found no Question E on it. Furthermore, Form 3554 does not apply to my LLC. I deleted the State return and started over, but again reach the same question. I can again delete the State return and start over, but need to know exactly at what point in the questionnaire screens leading to this am I supposed to enter, or not enter, something to avoid Form 3554.
I am using TurboTax Business 2020 for Windows 10 (not the online version).
Your help is greatly appreciated.
Thank you.
Form 3554 is used to obtain a credit for new employees acquired during the year. For 2020, you could qualify for the credit if you hired employees in a Designated Geographical Area.
Please see the link below for additional information to determine if you qualify for this credit.
Form 3554 - New Employment Credit
If you determine this credit does not apply to your return, you can delete the form as follows:
Type in 3554, scroll down and select Form 3554: New Employment Credit and open the form.
Once you see the form on your screen, go to the top menu and select Forms.
Select Delete Form 3554.
This will remove the form for your tax return and allow you to proceed.