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Georgia Taxable Income Shows Negative Amount??

Hi,  I just printed out my 2019 returns. On my Georgia state return there's -7,300 amount in the Georgia Taxable Income field ( Part 1, #2).  I'm trying to figure out what that amount is.  Is it some standard amount?  I can't find that amount anywhere on the federal return.   I'm assuming it's GA specific, but it's not something I input. 

Thank you for any information, 

John

 

 

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4 Replies

Georgia Taxable Income Shows Negative Amount??

Could you be more specific on which Georgia Form or Schedule and the line number of the form or schedule you are seeing this negative amount?

Georgia Form 500, Schedule 1, Income and Retirement Worksheet,  Filing Instructions page, etc.

Georgia Taxable Income Shows Negative Amount??

Thank you getting back to me.   The negative amount is on form GA-8453. Georgia Individual Income Tax Declaration For Electronic Filing. Summary of Agreement Between Taxpayer and Ero Or Paid Preparer. Part 1, #2 Georgia Taxable Income. 

 

The only other amount on this form is in Part 1, #1 Federal Adjusted Gross Income. That amount is correct, and matches the Federal Return.   I understand this form is not submitted to Georgia Department Of Revenue, unless requested to do so. Hopefully you could tell me where the -7,300 amount in Part 1, #2 comes from.    

 

Thank you for your time

Georgia Taxable Income Shows Negative Amount??

@jgmlive 

Form 8453 Line 2 is from the Georgia state tax return Form 500 Line 15c.  Line 15c is the result of Line 15a minus Line 15b.

Georgia Taxable Income Shows Negative Amount??

Okay... now I think I'm following it.    Thanks for your help.

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