Get your taxes done using TurboTax

These steps are enormously useful. Thank you.

 

When I go thru those steps and enter the IDC amount for Box 13, let's say $37.5k, and choose that I want to amortize in a single (this) year, I do NOT see any reduction of my overall tax liability.

 

Do I need to take any other manual steps to make sure that IDC amount takes effect and reduces my AGI?

 

TIA!

-G