Turbotax Form 8960 Error - Generally, a cfc is any foreign corporation if more than 50% of its voting power or stock value is owned or considered owned by u.s. Shareholders (as defined in section 951 (b)) on any day during the tax year. Thanks for your patience, happy filing! Web this return cannot be electronically filed due to a processing error on form 8960, net investment income tax. They really need to get on this with an update. 1) filing status of the return is married filing jointly or qualifying widow(er) and 2) form 8960, checkboxes 'section6013gind. On or after this resolution date you may resubmit this return for electronic filing. Web the solution is to delete form 8960 but turbotax keeps recreating this. Web a federal return was rejected due to processing error on form 8960. Web “description of error:
**did this answer your questions? Web the solution is to delete form 8960 but turbotax keeps recreating this. Generally, a cfc is any foreign corporation if more than 50% of its voting power or stock value is owned or considered owned by u.s. On or after this resolution date you may resubmit this return for electronic filing. 1) filing status of the return is married filing jointly or qualifying widow(er) and 2) form 8960, checkboxes 'section6013gind. Web “description of error: How can i correct this and refile? Shareholders (as defined in section 951 (b)) on any day during the tax year. Seems a simple fix as if there is no rental property there should be no 8960 form. Net income from schedule c went to line 4a as rental real estate. Web a federal return was rejected due to processing error on form 8960. Web this return cannot be electronically filed due to a processing error on form 8960, net investment income tax. They really need to get on this with an update. Thanks for your patience, happy filing! Web use form 8960 to figure the amount of your net investment income tax (niit). This issue will be resolved on february 19, 2023.