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What does this mean :Other Additions/Subtractions Stmt (225): Sch B Part 2 Code is not a valid subtraction modification code. Sch B Part 2 Code

 
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5 Replies
ColeenD3
Expert Alumni

What does this mean :Other Additions/Subtractions Stmt (225): Sch B Part 2 Code is not a valid subtraction modification code. Sch B Part 2 Code

You can double-check your dividends for errors and if none, delete.

 

In your TurboTax:

 

1.  Choose Income & Expenses

2.  Scroll down and choose Interest & Dividends

3.  Choose Dividends on 1099 DIV and select Revisit

 

Check the entries in this section against your 1099 DIV forms.

 

Please see this LINK for more information.

495307Re
New Member

What does this mean :Other Additions/Subtractions Stmt (225): Sch B Part 2 Code is not a valid subtraction modification code. Sch B Part 2 Code

NYS tax return,  what do they want for a code ? Other additions/subtractions Stmt(225) Sch B Part 2 Code is not a valid subtraction modification code.

LenaH
Employee Tax Expert

What does this mean :Other Additions/Subtractions Stmt (225): Sch B Part 2 Code is not a valid subtraction modification code. Sch B Part 2 Code

It depends. For a list of codes, please go to Instructions for Form IT-225 (pages 17-20) to determine the correct code for your tax situation. 

 

@495307Re

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AZYamate
New Member

What does this mean :Other Additions/Subtractions Stmt (225): Sch B Part 2 Code is not a valid subtraction modification code. Sch B Part 2 Code

Hi everyone! Different codes may apply to your situation, but I just found this document online: https://www.tax.ny.gov/forms/current-forms/it/it225i.htm#subtraction-modifications-chart

What does this mean :Other Additions/Subtractions Stmt (225): Sch B Part 2 Code is not a valid subtraction modification code. Sch B Part 2 Code

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