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Level 5
March 21, 2022
Solved

MD PTE - Software Error? S-Corp

  • March 21, 2022
  • 1 reply
  • 6 views

MD PTE tax credit is automatically added to shareholder K-1s if there's a balance due.  If there's an overpayment, the PTE tax credit disappears from the K-1s, regardless of whether the overpayment is refunded or applied.   Is this a software error or am I missing something?  

This is occurring in the S-Corp module, not the Partnership module.  If this is an error - heads up to everyone filing MD S-Corp Form 511

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Best answer by TaxGirl3

Fixed in today's update

1 reply

TaxGirl3AuthorAnswer
Level 5
March 23, 2022

Fixed in today's update