Section 199A Rental Real Estate Safe Harbor Statement

[Ahuja--CPA]

When we print Section 199A Rental Real Estate Safe Harbor Statement from ProSeries, it shows as "Section 1099A" instead of "Section 199A". Wondering if this is correct?

[Just-Lisa-Now- · Accepted solution]

Youre right, the title at the top says 1099A  SMH

[Just-Lisa-Now-]

@Charlene_At_Intuit  can you get this form content edited?

[IntuitCharlene]

I'll check to see if its been reported and if not I'll make sure development is aware of it. Thank you!

[Ahuja--CPA]

Ho soon can we get it fixed? Please expedite.

[Marc-TaxMan]

PS 1040?  Mine looks right.  where do you see 1099A?

[Just-Lisa-Now-]

at the top of the safe harbor statement, the title line

[Marc-TaxMan]

1040?  mine is 199A

[Terry53029]

mine says 199a

[Just-Lisa-Now-]

I updated yesterday and mine still shows 1099A

[Marc-TaxMan]

@Terry53029 Print it to PDF and 1099A appears

[Just-Lisa-Now-]

oh yea, on the screen it looks right, just prints wrong.

[Terry53029]

Your right Marc, on screen 199a print out 1099a ???

[Just-Lisa-Now-]

the print gremlins strike again!

[Just-Lisa-Now-]

The statement is still valid, is it really going to make any difference, aside from looking like a half-ass company that cant even proofread their forms.

[Marc-TaxMan]

@Just Lisa Now! Sorry - do you mean a preparer who did not notice the printing and looks foolish to clients,  or the programmers who did not look at paper and rely on us to be their beta test?  Which is the "half-ass company"?

[Just-Lisa-Now-]

From a clients perspective,  it makes the preparer's office look half-ass, that this is the quality of what they're putting out. The client doesn't care about the software company.

I'm a small, casual, affordable tax preparation office, my clients barely open the folder I send them, let alone read the stuff inside, none of my clients would even notice a typo like that....but if you a big tax prep firm, with high priced billing, its hard to justify your fees when your product quality looks half-assed with a typo front and center on a document you provide them.

[Ahuja--CPA]

I totally agree with @Just Lisa Now! I deal with clients in the Silicon Valley, who are professionals working for companies like Google, Apple. If I provide them docs with mistakes like these, my office would close the next day. Intuit is also in the Valley, I believe they got my point.

[Just-Lisa-Now-]

:+1:

[Marc-TaxMan]

Do your own statement and sit back and wait for Inuit to fix it.  It took too long for PS it get it up in the first place.

[Ahuja--CPA]

Very much disappointed with Intuit. Last year also we had so many issues with FBAR printing, etc.

[rbynaker]

Quality control ain't what it used to be.  I have a client, works for a publicly traded company, not only did they screw up his W-2 (failed to report HSA contributions which wouldn't be a huge deal except he's in CA and that's supposed to be added to CA wages), they also spelled their own company name wrong on the W-2s.

[Just-Lisa-Now-]

:joy:

[Ernie]

I have not had any rentals even close but where do you find the 199A Rental Real Estate Safe Harbor Statement?

[Marc-TaxMan]

Select form (F6) SAF takes you there.  Or Under E Wksht

[Just-Lisa-Now-]

Or mark YES to the QBI question at the bottom of Sch E and the Safe harbor checkbox and it auto populates

[Marc-TaxMan]

Better!  I had not seen the box.  

[Ernie]

Thanks @Just Lisa Now! @Marc.TaxMan .  I appreciate the information!

[Ahuja--CPA]

@Charlene_At_Intuit .....does it take that long to do this simple fix ???

[rbynaker]

@Ahuja, CPA
Yes, they have extensive quality control standards to meet.  Do you have a PDF editor like the full version of Adobe Acrobat?  If so, just edit the statement before you print it for the client to sign.

[Just-Lisa-Now-]

Shouldn't there be lines for both TP and SP to sign as well?  Right now there is only 1 line for signature.

[Just-Lisa-Now-]

Right here

[rbynaker]

OMG, I can't believe you're disclosing poor Ima's SSN on the Internet! 🙂

I have a client that would make Ima 2nd alphabetically, so I'd have to make it AAASAMPLE!

[Just-Lisa-Now-]

LOL   Ima and Ura  and Kid1 and Kid2 are my sample clients!

[HapTax]

It would be nice to see an answer - I've observed the same print out of the form - simple fix?

[Just-Lisa-Now-]

This is the only answer we have at this point.

Charlene_At_Intuit

Moderator  2 days ago  Reply
I'll check to see if its been reported and if not I'll make sure development is aware of it. Thank you!

[Marc-TaxMan]

Typical PS Cust Service.
But it's the weekend - give the poor Intuit folks some downtime.
On the other hand, we're working weekends, and probably 12+ hour days.