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Level 4
January 30, 2024
Question

Why is a Zero being carried from education costs to Schedule 1 when Tuition is greater than Scholarships?

  • January 30, 2024
  • 1 reply
  • 11 views

I have a client who has Tuition in excess of Scholarships so there are NO taxable wages.  ProSeries is carrying a Zero to Schedule 1 and generating that form.  That is the ONLY entry on Schedule 1, so it is generating the form unnecessarily.  It appears to be something new happening this year as I have not seen it before.

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    1 reply

    Level 15
    January 30, 2024

    Intuit likes to screw up the software each year.  Usually most of the common bugs aren't worked out until sometime in March.

     

    Level 4
    February 1, 2024

    Thanks for the comment TaxGuy, but since you commented, ProSeries is now asking if I received my answer.  I am hoping this response does not prevent them from looking at the problem further.

    Level 15
    February 1, 2024

    Unfortunately, Intuit won't even look at this post.

    And even if they did, I suspect transferring an unnecessary zero would be on the very bottom of their 'to do' list.