Hiya,
I've been using TT for longer than I can remember and this is the first year my return was rejected. Hoping for some clarity here.
I have a home energy credit of $600 which TT has placed on Form 5695 and TT shows as being e-file ready. However, when my return was rejected the accompanying message stating:
"ED_3800_part2Line10b - There is an issue related to Form 3800, General Business Credit."
However, form 3800 also shows e-file as e-file ready.
TT provides a bit more information on the e-file status screen, stating:
There is an issue related to Form 3800, General Business Credit.
This issue will be resolved in a product release scheduled for March 22, 2024. On or after March 22, 2024, sign in to TurboTax and follow the steps below to review and resubmit your return.
[steps removed by me]
Note that your tax refund/liability may have changed due to Energy Efficient Home Energy Credit now being accounted for on the General Business Credit Form - General business credits are limited to your tax liability minus any personal credits.
Here are a few questions:
Given that I am in the health care exchanges, it's critical I file my taxes in a timely fashion, especially since I need to pay back some premium subsidies this year, so this situation has me more than a little anxious. Any help would be most appreciated.
There are issues still be resolved in relation to this. You can get updates through this link. Why is Form 3800 Part 3 doubling my General Business Credit amount?