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Deductions & credits
Thank you,
While using TT Deluxe desktop I found the software only considered the income I "earned" throughout the year instead of the withdrawal in December. It applied the earnings across the entire year in column d (1/1 to 12/31). I found no opportunity to tell the sw that earning were unevenly applied. This was also carried forward to Indiana 2210A where the penalty was applied.
There was no column that considered income in the last quarter only. line 1 says "Indiana adjusted income for each period" but the periods were accumulated not separated into quarters.
As a matter of fact, it added my received earnings as total income instead of the capital gains only. (It used AGI as the basis.)
Wednesday