- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
"So since I am using the online version, there is no way to override this?"
Correct. I have looked at the Arkansas interview and do not see a way to put a random adjustment into the state return (this is one way we "adjust" the state taxable income in other states). Unfortunately, all the adjustments that I see are for particular situations, and might cause more trouble than it is worth to try it.
"In 2019, the federal worksheet Distributions from Pensions, IRAs, etc. line 2a Taxable amount was NOT blank and had the correct taxable distribution amount. "
I have programmed for 30+ years, and a change of input can certainly cause a change in output, even if one result is not correct.
"It looks to me like TT has put back in the programming error that caused this to be handled incorrectly in 2018 and was fixed for 2019. Am I wrong? "
I have no way to know this. I am not part of the Development Team at TurboTax.
Thank you for the token. I have packaged up the token with a description of the problem and have submitted it upstream. However, given the fact that Congress, the IRS, and the states are "moving the goalposts" on almost a daily basis causing a huge amount of work that shouldn't have been necessary in a normal year, it is not likely that this issue will be addressed in the short run.
So you have three choices that I see:
- File as-is and eat the small extra tax.
- Print the return, manually edit the numbers on the Arkansas form(s), and mail the state return with a copy of the federal (NOTE: since your State And Local Taxes are capped at $10,000 on Schedule A, changing your Arkansas return will not change your federal return).
- Buy a copy of the CD/download software and transfer your online tax file to it where you can override the number in doubt (in case I did not note this before, this will likely invalidate the Tax Accuracy Guarantee).
I am sorry I don't have better options for you. Thanks for your co-operation.
**Mark the post that answers your question by clicking on "Mark as Best Answer"