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Tom B
Level 1
November 21, 2020
New

Form 7202

Related products:ProSeries
  • November 21, 2020
  • 1 reply
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2020 form line 9 appears to calculate incorrectly.  It should calculate as smaller of line 8 or $511.  Actually calculates as smaller of line 6 or $511. Leads to large potential error in 2020 credits.  The form is in Draft, so I don't know if the error will correct on final.

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    1 reply

    sjrcpa
    sjrcpa
    Level 15
    November 21, 2020

    Welcome to the zoo Tom.

    You only need to post once.

    https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/form-7202t-2020/00/107335 

     

    Nevermind. You did what teach suggested.

    The more I know the more I don’t know.
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