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Deductions & credits
Today on 03/03/2022 I updates my TT software and now I am getting different error messages in the same form NJ-DOP.
"Price cannot be greater than the federal amount. Column d - price 0. Cost cannot be grater than federal amount, column e".
I have a few entries like that. They related to options short sales resulting in loss. According IRS requirements short sales reported with cost basis (column e) equal to zero and gain/loss in column d. In case of loss column d on 1099 from my broker is negative (correct) and exactly the same way federal form 8949 looks like.
But for some reason NJ-DOP shows this in opposite way. Column d is zero but column e has positive number.
When I tried to override such line to make it exactly like federal form I got the message that price cannot be negative. So, it is impossible to have this form match federal form. And it doesn't match form 1099 from broker.
Something is wrong with TT now. It is second year in the row software is ridden with bugs. Did Intuit lost good programmers due to Covid?