How can I use TT Business 2022 'step-by-step' to see multiple Sched E for farm rental?

Forum|Forum|3 years ago
February 11, 2023
1 reply
0 views

My trust rents Pasture land and Crop land. Using TT Business 2022 I entered income & expenses for Pasture land using 'step-by-step' and it populates Sched E OK. But using 'step-by-step' won't let me see the 2nd Sched E for Crop income & expenses nor the Sched E Farm Worksheet (I have to manually enter data in the tax forms). Any ideas how I can use 'step-by-step' for both?

TurboTax Online

Best answer by Anonymous_

Not having 'step-by-step' for farm stuff is very unfortunate since the 's-by-s' does a great job of verifying and validating. This needs to be worked and added into a future release of Business. How do I make that suggestion or request that update? Have other TT users requested this sort of enhancement? I would think that there is a large audience for this enhancement. Thanks, again, for your prompt response. I will 'close' this item....R

Understood. However, note that even a simple Schedule C must be prepared in Forms Mode for a 1041; there is no Step-by-Step for that form.

There have been a plethora of enhancement requests over the years, but not much has changed. I would not hold out much hope for the future either as it appears as if the model may be to transition to "assisted" or full service.

Anonymous_

Employee

You are unable to add another Schedule E property?

Untitled.png

rmfrog1Author

Thans for your prompt response. Yes, I went thru the 'step-by-step' to enter a fake farm rental but it never asked me if it's a farm asset. So that was no help. Is there a 'secret' to tell 'step-by-step' that the rental is a farm asset that needs to use the Farm Worksheet?