Hello, section Business Income and Expenses is marked "Needs review". What exactly should be fixed?

Forum|Forum|1 year ago
January 23, 2025
2 replies
0 views

No text available

DawnC

Employee

Click on Update to see what needs to be reviewed. Then click on Edit on the next screen (Here's the business info we have so far). Scroll through the topics (Profile, Income, Inventory, Expenses, Assets, & Final Details) and click on Update next to any category that needs review. You should go through each section to ensure your Schedule C is accurate and complete. In the example below, the Other Common Business Expenses topic needs reviewing.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

NMT2k2

I have the same problem. I have every menu and sub-menu multiple times and it is still marked "Needs Review" Why?

PatriciaV

Employee

It's possible the underlying forms are not ready to be filed. To check this, open your return, go to Review, and follow the prompts until you reach a page that lists forms with an estimated release date (or the phrase "really soon").

You can further check these forms using this tool: Forms Availability Table. Confirm the correct version of TurboTax in the header drop-down. Choose Form 1040 Individual, US Federal, and the form number (optional). The date under "Ready to e-file?" is an estimate of when the form will be released.

Note that TurboTax Online is automatically updated after midnight on form release dates. TurboTax for Desktop is updated when you first open the program.

@NMT2k2

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"