Question
IA 1120 Schedule E
I complete my corp Federal tax return with Turbo Tax then transferred everything to the State of Iowa version.
No errors, etc. when we ran the error check and sent returns in.
We received a letter from the State of Iowa saying that we submitted the 1120 Schedule E with no line items and the absence of line items "results in all income being allocated to Iowa. Sounds ominous.
We do sell online via online marketplaces (Amazon, Etsy, etc).
Do we need to resubmit the form with the correct allocation and if so, why didn't Turbo Tax instruct us to do the same?
