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Retirement tax questions
TurboTax used to have a way to handle this situation like with a PEO. In this situation, our code would allow a refund on the equivalent of Schedule 3, line 11 (everything has changed since then). However, that changed when our clients started getting letters from the IRS, disputing this treatment.
Do you have the CD/download product? If so, you can override Schedule 3, line 11.
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‎April 14, 2023
6:38 PM