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Business & farm
Schedule K1 Box 12 - Code A - charitable contributions are not flowing through to Form A - Itemized Deductions. The amount was properly flowing through last week until I updated Turbo Tax and now the only way to get the amount to flow through is to use the drop down box to select Code B which is actually a lower threshold. Had I not caught what appears to be a program error, this would have cost me over $2,000 in additional, incorrect taxes. I thought Turbo Tax had a 100% calculation guarantee?
‎April 1, 2024
6:46 PM