Anyone know how to get Turbo tax to generate form 500 DM. I must have omitted something when filling out the federal portion -- cannot figure out where or how to enter the figure so that form 500DM appears in TT
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You might have to enter something in the State section.
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I haven't been able to find anyplace to enter the net decoupling modification on my MD taxes. It should appear on form 500DM but that form hasn't been generated by TT. I have manually entered the figure but, even though the figure appears on the form, TT doesn't include the addition in their calculations
I am having the same problem and so are other shareholders in my S Corp. There is no place in TurboTax to enter the Net Decoupling Modification from the Maryland K-1. You can pull in a MD Form 500DM in the forms section and insert the figure in that form but, as noted in another message, that information does not flow to the tax return. TurboTax expert - where are you?
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