Georgia Form 500 Schedule 1 line 14 does not appear to show the correct amount.
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New Member

Georgia Form 500 Schedule 1 line 14 does not appear to show the correct amount.

Tax instructions suggest that Form 500 Sch. 1 Line 14 should be the sum of lines 6 through 13.  That is not the total shown on my Turbo Tax return.  

In my case, the result of the calculations performed on Schedule 1 shown on line 17 of that schedule and carried forward to the Form 500 appear to be correct, but the interim calculation shown on line 14 is not correct.

I suspect you wish to correct that in your next Georgia State update.

Thank you

8 Replies
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Level 15

Georgia Form 500 Schedule 1 line 14 does not appear to show the correct amount.

Which Line on Schedule 1 is not included in the sum of Lines 6 through 13 as shown on Line 14?
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New Member

Georgia Form 500 Schedule 1 line 14 does not appear to show the correct amount.

Form 500 Schedule 1 (Retirement Income Exclusion section).  Hope that helps
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Level 15

Georgia Form 500 Schedule 1 line 14 does not appear to show the correct amount.

Understand...When you add the lines 6 through 13 what is the difference between what you add and the amount shown in Line 14?  And is that difference equal to one of the lines 6 through 13?
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New Member

Georgia Form 500 Schedule 1 line 14 does not appear to show the correct amount.

No.  Line 14 appears to be showing one of the amounts that should be (and is) shown on either lines 16 or 17.
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Level 15

Georgia Form 500 Schedule 1 line 14 does not appear to show the correct amount.

Line 16 can only be either $35,000 or $65,000 which is the maximum exclusion.  Line 17 is only the smaller of Line 15 or 16. (Line 15 is the sum of Lines 5 and 14)
Which of those Lines is being reported on Line 14?
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New Member

Georgia Form 500 Schedule 1 line 14 does not appear to show the correct amount.

I can't determine that.   

At this point, I hope a Turbo Tax rep. monitors this board and will pass my comment along to the programmer responsible for the form to check on it.
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Level 15

Georgia Form 500 Schedule 1 line 14 does not appear to show the correct amount.

Use this website to contact TurboTax support during business hours - https://support.turbotax.intuit.com/contact/

Support can also be reached by messaging them on these pages https://www.facebook.com/turbotax/ and https://twitter.com/TeamTurboTax

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New Member

Georgia Form 500 Schedule 1 line 14 does not appear to show the correct amount.

The income exclusion needs editing.  The $32661 in dividends is from my wife's Schwab account, as well as the $12954 in capital gains.

 

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