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January 10, 2025
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Montana additions 2024

Related products:Lacerte
  • January 10, 2025
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I know the forms aren't final yet for Montana, but for now, the Montana additions on Schedule 1 Line 8 for the recovery of federal income tax deducted in 2023 is way out of whack.  It is reporting $42,000 for a client who had total tax of way less than that.  I've seen this same scenario for several clients.  I think it is putting last year's taxable income instead of last year's federal tax deduction.