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Level 1
posted Oct 3, 2023 2:13:47 PM

Maryland Form 500DM -

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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3 Replies
Level 15
Oct 3, 2023 4:50:42 PM

You might have to enter something in the State section.

 

Contact Support if you cannot resolve this by tomorrow.

 

How do I contact TurboTax? (intuit.com)

Level 1
Oct 4, 2023 5:36:07 AM

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

 

Level 2
Apr 2, 2024 11:58:42 AM

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?