Turbotax 2022 ownership change problem

Forum|Forum|3 years ago
February 12, 2023
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I keep getting the question about ownership with my llc, there has not been any changes... I can't seem to find a way around it.. has anyone else encountered this issue, my data from 2021 was successfully loaded into the 2022 return... and none of the partnership information is listed... I have to manually enter it..... then the software automatically checks the boxes for a new partner... HELP

TurboTax Business Windows

Anonymous_

Employee

Other TurboTax Business users have had the same experience with partners (1065) and shareholders (1120-S).

There does not appear to be one particular cause, although a few have been mentioned with one of them being an inadvertant deletion of a partner or shareholder on the previous year's return (i.e., it was indicated on the prior year return that the partner or shareholder left the partnership/LLC or S corporation). Another issue was, somehow, a K-1 was marked as final.

One solution was to correct the prior year return and re-transfer while the other was simply starting the new return from scratch. The issue was escalated to the developers, but there has been no further action taken to date.