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Why does the error check in TurboTax Business 2022 not save correcting entries - either through the step-by-step or forms options? Anyone else experience this?

The two items it will not save are the Business Code (511190) and "No Entry" option for the S Corporation Information Worksheet - SH Basis Wks Boxes must be entered.
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3 Replies

Why does the error check in TurboTax Business 2022 not save correcting entries - either through the step-by-step or forms options? Anyone else experience this?


@drsuperior11 wrote:
The two items it will not save are the Business Code (511190)....

Some codes have changed.

 

See https://www.irs.gov/instructions/i1120s#idm140308407323776

Why does the error check in TurboTax Business 2022 not save correcting entries - either through the step-by-step or forms options? Anyone else experience this?


@drsuperior11 wrote:
The two items it will not save are the Business Code (511190) and "No Entry" option for the S Corporation Information Worksheet - SH Basis Wks Boxes must be entered.

If you do not want the basis calculation, check the "No" box as shown in the screenshot below.

 

Untitled.png

Why does the error check in TurboTax Business 2022 not save correcting entries - either through the step-by-step or forms options? Anyone else experience this?

Thank you.

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