I want to efile (and must for my State). Didn't find out until this late K-1 arrived that TT Premier doesn't support this. TT Business might be an option, but I'm worried that the program will be too complicated for me, as I don't own a business. I'm really in a bind for this year. For the future, at least give us the option to add a form before efiling? Otherwise, I'll have to try to find some other software.
none of the Tutbotax apps currently support the 8990. there is not now and there may never be a way to attach a PDF to an e-filed return. Not only Turbotax but other apps as well
This is not good. Energy Transfer LP trades 16M shares a day on the NYSE, tripped box 13K and TurboTax can't support form 8990? Huge disappointment. It's the second LP this year for me with a box 13K. What's most frustrating about this is that the dollar values are immaterial and now I have a huge added work burden. The value proposition between TurboTax and hiring an accountant has shifted. Not easier.
I am in the same boat with ET ownership and pretty disappointed TTax does not handle the 8990 in simple situations. I have a minuscule amount of line 13 code K being reported (Excess Business Interest Expense) and I have no intention of using it as a deduction. This is my first year of TTax after getting tired of paying to have the return done. I looked back at what the tax accountant did and found they filled out the schedule A of the 8990 to record the values but ultimately put zero's in the 8990 Section one and the rest of the form where totals are recorded. So I guess I could send this 8990 separately by mail to the IRS but how would they know to marry it to my e-filed return?
I saw on an older post that maybe don't bother filing it at all given it's not going to be used in the end to reduce any taxes. I think I'll just hold it until the IRS requests it for now unless anyone else has an alternative solution.