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After you file
Just did a test return - The interest entered on two forms was correct on the Georgia return.
If you do not see the correct adjustment on Form 500, try deleting and re-entering the Form 1099-INT manually.
I entered two Form 1099-INTs with interest reported in box 3 of $5000 on the first 1099-INT and in box 3 of $500 on the second 1099-INT.
The total of $5,500 was reported on the Georgia Form 1 Line 10 Interest on United States Obligations.
The total of $5,500 was reported on the Georgia Form 1 Line 13 Net Subtractions
The total of -$5,500 was reported on the Georgia Form 10 Line 14 Net Adjustments. Flows to Line 9 Page 2 Form 500.
‎February 11, 2024
2:19 PM