QBI, my error or ATX error?

[JackieCPA]

I have a tax return that it won't let me create an e-file for, it says 

"If no businesses are "Qualified for QBI purposes,  please discard Form 8995".

There is a business that is qualified, I have it checked on the Schedule C data and it shows up as checked in the activities section on the 8995 and is producing the QBI deduction correctly. 

Any ideas on what I am forgetting to check to have it let me efile?

[Lion EA]

Could there be a second business that's not qualified and needs a check added or removed?

[JackieCPA]

There was also two schedule E's, but there is nothing checked because they are not qualified. 

[Cara]

8 hours ago, JackieB said:

have a tax return that it won't let me create an e-file for, it says 

"If no businesses are "Qualified for QBI purposes,  please discard Form 8995".

There is a business that is qualified, I have it checked on the Schedule C data and it shows up as checked in the activities section on the 8995 and is producing the QBI deduction correctly. 

Any ideas on what I am forgetting to check to have it let me efile?

 

We are having the same issue, I'm hoping its an ATX issue because we can't find a way around it.

Edited February 13, 2020 by jklcpa
moved response out of quote box

[JackieCPA]

They took a copy of my file and told me they will call me back. It sounds like it's a problem they can't figure out how to fix as of right now. 

[gfizer]

Same problem here. I'm only seeing it when there is a Schedule E in the return.

[BulldogTom]

Is it just with the Sch E, or is it when both a Sch C and a Sch E are in the return?   I got that error when I was checking a return with only a Sch E, and of course I deleted the 8995 because there was no QBI for that return.   But one of my best clients who is coming in soon has a both a C and E on his return.    Would appreciate if you would expand on exactly what is causing the problem.

Thanks

Tom
Modesto, CA

[JackieCPA]

There really is no explanation on what is causing the problem yet. But, from what I can tell, if you have a Schedule C or F and a Schedule E in the same return it errors. Because if the Schedule E isn't checked as "qualified" for QBI purposes, I think the software is getting confused and wanting the 8995 to be deleted. The Form is still filling out and calculating the deduction correctly, just won't let you create an e-file. ATX told me that they are working on the problem, checked again this morning and it is still an error. Hope they figure things out soon. 

If they don't, I suppose we would all have to just click the Schedule E as qualified and then override the deduction and 8995 to being correct? 

[Abby Normal]

Me too, because most of my Sch E's aren't qualified.

We're going to have to update our organizer questions for QBI hours, and log keeping.

[JackieCPA]

I received an e-mail from ATX just now. They said they will have the problem resolved by the end of the week. YAY!!!

Majority of my client's response to log keeping: "OH, HELL NO!" HAH!

[joanmcq]

Why aren’t your Sch E qualified?  Even the instructions to the 8995 state rentals don’t necessarily have to qualify for safe harbor to qualify a Sec 161 businesses 

[BulldogTom]

9 hours ago, joanmcq said:

Why aren’t your Sch E qualified?  Even the instructions to the 8995 state rentals don’t necessarily have to qualify for safe harbor to qualify a Sec 161 businesses 

Why would I want rentals that are throwing a loss to be qualified?  

Tom
Modesto, CA

[Cara]

has this been resolved yet?

 

[JackieCPA]

Yes, it has been fixed!

[Cara]

What did they do?