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October 16, 2021
Question

qualifying as a realtor

  • October 16, 2021
  • 1 reply
  • 0 views

TurboTax is telling me I don't qualify as a realtor however I am realtor and had a loss in my business.  Can anyone explain why TurboTax is saying I don't qualify as a realtor

1 reply

Employee
October 16, 2021

Your profile indicates you are using TurboTax Business. If so, which module are you in (e.g., S corporation)?

 

If you are using a personal edition of TurboTax (i.e., not TurboTax Business), which section are you in?

hagan1950Author
October 17, 2021

I am using turbo tax for business

 

Employee
October 17, 2021

Which type of return and where is it indicating that you do not qualify?

 

Generally, you will mark that you materially participate in the activity when you enter the K-1 into your personal income tax return.