Strange warning on non-capital loss and T691

[TurboTax_Susan]

@Vadodara 

@tdibratt Warnings are just there to have you double check things. If the warning doesn't apply to you, or you are sure you have the right information entered, then it's ok to ignore them.

[user17741887275]

With respect, that's not a helpful response; we understand the purpose of warnings. However there must be a specific criteria triggering that specific warning; there are which a whole bunch of people, including myself, who don't believe applies to them and cannot take any corrective action to clear the warning unless we get more details or Intuit releases a fix.

And yes, my version of TT is up to date.

Warnings that are false alarms diminish their usefulness.

[Vadodara]

This issue is reported for both the 2024 as well as the 2025 software. “Ignore Warnings” maybe a get-by solution but doesn’t instil confidence.   

In my case the foreign tax credit (of odd cents) is shared between my spouse and I. This results into an extra credit of one cent when rounded off as a total. It then triggers the warnings. So I interpret it to be non-consequential in my case. But, tha’s not necessarily an explanation of the root cause of the issue at large. 

[TurboTax_Susan]

@user17741887275 A warning is not an "alarm", it just the program asking you to double check something, which is why you get the option to ignore it. This is different from an error, which is telling you that something is wrong, and must be fixed.

@Vadodara The person who originally started the thread last year said he resolved the issue - "I found an override for a field for net capital losses applied against taxable capital gains that was causing the problem.  Seems I had change a setting earlier in the menus about this and it did not reset a field properly". Have you checked to see if you had any overrides?

[tdibratt]

Funny that Turbo Tax takes the position that its just a warning and leaves it to the user to figure it out.  I dont know about others but i could not figure it out. If i could i would be do taxes for others for a living.  I just ended up ignoring it and submitted my taxes.  For what its worth the error message made no sense to my situation.