Business income doesn't update.

Forum|Forum|1 year ago
December 29, 2024
1 reply
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Still says 'needs review'. Returning to worksheet and its correct there as entered! Is this a bug??

Using Home and Business version on Windows 11

pk12_2

@jimhaynesfederaltax ,. assuming that the business income category is a " dis-regarded entity " or attached to your SSN, the current version of 2024 Home & Business is still not fully operational. Many of the forms are still not fully operational and thus TurboTax is saying " do not file " Nees Review etc.

Is this your issue ?

jimhaynesfederaltaxAuthor

I don't think so. It imports and shows all the correct business values for the prior year. Also, it actually calculates the current tax on the business correctly from the current income and displays it in the proper place. So it seems to be working correctly except still not showing the business income in the business income place. I think its a bug.