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

[Anon12]

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

[DoninGA]

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

[Anon12]

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

[DoninGA]

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?

[Anon12]

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

[DoninGA]

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?

[Anon12]

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.

[DoninGA]

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

[3170]

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