Client took advantage of early IRA draw for tax year 2020 and has included a 1/3 to be taxed for year 2020, 2021 and 2022.
Now 1/3 shows for year 2023 and have not been able to delete it without overriding it. I deleted the 1099-R but the dollar value still shows.
I had some trouble with various carryovers being incorrect. It is important to know your clients and their ongoings. So good catch! I went to the carryover screen/worksheet. For some items this was a deeper dive then the simple carryover listed in our menu. I used the looking glass icon to keep getting to "source". Hope this helps.
Now I have another issue - that K-1 update mid-season is ridiculous - codes are all screwed up - the follow through to the tax return is screwed up - I keep updating hoping it fixes but no luck yet. And it will not accept overrides I tried that and got an error. Return passed review but rejected e-file. I am about ready to have client mail it in.
This year has been the worst software version I've ever dealt with! And seems to be agreed in this community!
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