Used TT last year first time, no issues. I own a rent home and don't issue any 1099's...management company takes care of property. When filling out info this week for 2020 taxes, everything was fine until the very end...final check....after I've already paid my $$. A page pops up that says, "Check this entry" Says there is an issue with the schedule E. On the Schedule E worksheet, I selected the NO box when asked "Did you make any payments that would require you to file Form(s) 1099?" The line below it on the worksheet says, "If yes, did you or will you file all required Form(s) 1099?" The no box is grayed out, but on the Check this Entry page, the "yes" button appears to be encircled in a red ring, as if it wants me to select that. I've talked to four TTax people, none have solved. After the first conversation , I got an email from TT saying the issue was a software one, it had been fixed, and that I should be able to log back in and see the fix. Not happened. I would not be surprised at all if there's something I've done that's messed things up, but I can't see it. Would really like to file my taxes now, but I literally can't...it won't let me push pass this issue.
This is normally caused by a browser issue.
Use the Chrome browser
Click the three dots in the upper right corner
Select Settings
Privacy and Security
Clear browser data for all time
Then sign in to TurboTax on the Chrome browser
Go to Tax Tools, Tools, Delete a Form and delete your Schedule E
Go to the program and enter the No again for issuing 1099's.
Go through the pages in the income section until it ends and then run Review again.
The error should be gone.
This weekend I was not able to complete my return because form 8915-E was not available. I have checked on the IRS site and I was able to download form 8915-E. I need to enter my 1099-R information and also put in that i will reDeposit amount within the 3 years allowed to do so without any penalties or taxes withheld.
How can i complete my tax return?
Thank You,
Angel
The form is not yet ready in TurboTax. When it is you will be able to waive the 10% penalty and spread the ordinary tax over 3 years. Use the link below to be notified when it is ready.
At this point and time, Form 8915-E (Qualified 2020 Disaster Retirement Plan Distributions and Repayments (Use for Coronavirus-Related Distributions)) is not finalized.
The 8915-E Form is projected to be e-fileable starting 02/24/2021
Please sign-up here and we will email you once the form is live. @echoes35
I am using the mac desktop version of TT. I am done with everything, but I keep getting an error around "Schedule E Worksheet (Untitled): Fed Profit/Loss Allowed must be entered." I have NO idea what this is. The closest thing I can think of is that I had a rental property in 2020, but not in 2021. I passed the Federal Return fine, but it's getting caught in the CA State section. It's not properly carrying info from Federal to State I think, but whatever the case, it's blocking me from submitting, and it's extremely frustrating.
Look to see if you have Schedule E Worksheet in your list of forms and then delete it if you do not need it. Deleting the Schedule E Worksheet may clear the error.
If you are using TurboTax online, follow these steps to delete an unwanted form.