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Why does my 'Profit and Loss from Business.' always show 'Need Review'?

I have entered all information and went through all questions, but it is still show 'Need Review'/

 


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10 Replies
LindaS5247
Employee Tax Expert

Why does my 'Profit and Loss from Business.' always show 'Need Review'?

You should be able to continue your return if everything is correct even though it says "Needs Review". ‌To do this, click on "Continue" at the bottom of your page. You should still be able to proceed to e-file your return. ‌

 

Prior to e-filing, TurboTax will run a "Smart Check" of your return(s) and will bring attention to any errors that may prevent you from e-filing. ‌The program will prompt you to make any necessary changes needed to e-file your return.

 

If this issue has not been resolved, please come back to TurboTax Community with any additional information or questions you may have and we will be glad to help you.
 

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Why does my 'Profit and Loss from Business.' always show 'Need Review'?

@LindaS5247 

I think I know what is the root cause of this issue, but i dont how.

If you just enter an expense (no any income), the negative number shows correctly in the Business Income and Expenses section.

Once you enter any income, it shows 'Needs Review'

Once you remove all the income, it shows correctly with the negative expense numbers

I use Home and Business windows desktop version.

LindaS5247
Employee Tax Expert

Why does my 'Profit and Loss from Business.' always show 'Need Review'?

Thank you so much for sharing your experience and observations with us. We genuinely appreciate your feedback and are currently looking into it.


We have an update scheduled for the end of the week that may resolve the needs review notification. Please update your software on Friday and check back to see if everything is working smoothly.


Please come back to TurboTax Community with any additional information or questions you may have and we will be glad to help you.

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Why does my 'Profit and Loss from Business.' always show 'Need Review'?

Over the last two days, I have spent 3 calls totaling to 2.5 hours with Turbotax support team (Thanks to them for their kindness, but not very helpful).  This response is very helpful as it, at least, puts a frame to what they tookd 2.5 hours and couldn't resolve.

 

However ... the note above has a lot of "may" in there ... can anyone confirm if the update (on Friday) WILL fix this issue?

 

jgalvano
New Member

Why does my 'Profit and Loss from Business.' always show 'Need Review'?

I just updated Turbo Tax today, 2/18, and mine still shows "needs review"

Why does my 'Profit and Loss from Business.' always show 'Need Review'?

Just updated mine today (2/20) and I'm still getting the same error too.

Why does my 'Profit and Loss from Business.' always show 'Need Review'?

@LindaS5247  I did an update today, but still seeing the 'Needs Review'

There are a bunch of users who have encountered this issue when using 2024 Home and Business this time.

Please refer to the thread here.

Please do escalate this issue to your dev team if possible as it has widely affect end user experience.

Why does my 'Profit and Loss from Business.' always show 'Need Review'?

LindaS5247

 

The issue is NOT resolved. 

Did an update this morning Feb 21st, everything is updated.

I've run multiple checks, everything is correct per accuracy check, but am still getting the NEEDS REVIEW. 

This is affecting MANY users per all the threads posted and responses! It's very frustrating.

Am ready to file but don't want to with a "needs review" there.

Can you please escalate this to the necessary department? 

 

Why does my 'Profit and Loss from Business.' always show 'Need Review'?

@msanie 

Just updated this morning.

It's NOT resolved. 

Frustrating 

LindaS5247
Employee Tax Expert

Why does my 'Profit and Loss from Business.' always show 'Need Review'?

We appreciate your continued patience. ‌This issue will be resolved with an update later this week. Please log back in or update your software on Friday, March 7, 2025.

 

@manbeing @jgalvano @Jenndy43 @pugpapa75 

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