When I enter tax-exempt interest, it subtracts about $250 from what I enter. The amount shown on the 1040 does not agree with what I entered. It is about $250 less than it should be.
Also, it doesn't enter the correct amount for accrued interest. Again the amount shown on the 1040 does not agree with what I entered. It is around $250 less than it should be.
In order to correct these errors, I have to embellish the amounts I enter into TT. So it's a guessing game as to how much extra I have to enter in order to get the result that is correct. Does anyone have any idea why TT is doing this? I've never seen it do this in any previous year and I've been using TT for decades. Thank you.
