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Get your taxes done using TurboTax
I hope Intuit does finally address this glitch. We're also married filing separately (common for DC taxes); also contributed $4K each to a child's 529 plan; and are also not receiving the full benefit. Oddly, we're showing zero reduction in taxable income from the first $4000 we enter (no matter how it's allocated between us), but then full benefit for the second half of the contribution (above $4000, up to $8000, again however it's allocated). And: we tried the fix suggested above by AJbinDC in 2021 -- to go into "Forms" and make sure that it's $4K each on Schedule S, and $8K on line 6 of Schedule I -- and it doesn't help. Please, advice, anyone? Or better: Intuit, please address this?! Thanks....
‎January 14, 2024
2:01 PM