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Level 2
posted Feb 22, 2022 1:02:18 PM

TT Premium 2021 keeps looping at end of 1099B summary

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?

0 2 439
2 Replies
Level 15
Feb 22, 2022 1:52:59 PM

See the following FAQ.


Why am I stuck in a loop in the Investment Income section when I choose "Walk me through everything?"


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."

 

Level 2
Feb 25, 2022 10:58:33 AM

Thanks. A recent (2/24/22) TT update has resolved the loop issue.