Now it has partially become a coding issue with TurboTax.
When completing the federal return, in the W2 box 14 tax category, if I choose 'NY IRC 125/Sec 18 Tax exempt' (or even if I try the 'NY IRC 125/Sec 18 Subject to NY tax' or 'other'), TurboTax is giving me an error message. It is saying to successfully e-file, I must choose either 'NY IRC 414H Subject to NY tax' or NY IRC 414H NY tax exempt". I know that is not correct as that is for NY public employee retirement contribution and this $ amount is not for that. I'm choosing items that are in the drop-down box of the tax categories in the program. I don't understand why the program is not allowing me to use them.
I have proceeded through the program and just by-passed the error, but not all the way to the point of trying to actually file, so I'm not even sure it will let me e-file.
I am wondering now if I should choose tax category 'NY IRC 125/Sec 18 Tax exempt' which shows up on the NYS IT-2 form as 'IRC125N' for the description next to the 14a amount?
OR should I choose the tax category as 'Other' which then puts the word 'PRETAX' for the description next to the 14a amount on the NYS IT-2?
Regardless of the tax category from above that I choose when going through the NYS return, it is asking me to 'Enter the York City flexible benefits fund program amount that is allocable to New York State. New York City flexible benefits program IRC 125'. I'm not sure if I should just leave this blank or enter 0?
