You'll need to sign in or create an account to connect with an expert.
Overriding is not necessary. A cash balance plan is a defined benefit plan. Enter it as such. TurboTax does not limit the amount that you are permitted to report as contributions to a defined benefit plan.
You can only do that in the Desktop program. Are you using Online or Desktop? What do you want to change?
any override prevents e-filing.
I assume Online as I had to enter a license code. Need to override line 16 on Schedule 1 as the software does not provide an option for a Cash Balance Plan and the adjustment is being capped at a lower amount as a result.
Thanks
@Hinebaugh - license code means you are using the desktop version....you downloaded the software to your desktop / laptop, right?
You don't want to override, not only can you not e-file, it invalidates the Turbo Tax warrentee.
Ok- I am not going to e-file so I am not concerned about that and I am also fine with not having the warranty. I just need a way to properly input the cash balance contribution and the software will not let me so I am not sure I have a choice other than to override. (Which I can't figure out how to do)
@Hinebaugh - of no one from the community responds, suggest calling the Support number.
you really want to efile.....paper filing is taking 6-9 months to process, while efiling takes about 3 weeks for most returns.
IRS is still backlogged from 2021 tax season and has only completed all tax returns received without error through March, 2021 (and I suspect that is because they are holding over 1 million paper returns in backlog) - this is per the IRS website last week.
if you installed a program on your PC< and then logged in,
You are in the Online version not the desktop version, which does not have any login.
For the 2022 program ... it is not fully functional and will not be until the end of January or even later for some things ... so before you rush ahead to do an override I would wait until then. Click on the REVIEW tab to see which parts of the program is still not ready and an estimated date when it will be. The IRS will not even start processing returns until mid to late January and as already mentioned efiling is best ... paper returns have a 25% data input error rate and have been taking as much as a year to process.
If you must do an override some must be done on the appropriate feeder worksheet for entry to a place on the form. Click on the field in question in the forms mode to data search for that place.
FYI ... overrides in the forms mode voids the accuracy guarantee and may keep you from efiling so they are done as a last resort only.
This is my mini version of a tutorial that should be in the downloaded program:
Forms Mode lets you view and make changes to your tax forms "behind the scenes."
If you're adventurous, you can even prepare your return in Forms Mode, but we don't recommend it. You may miss obscure credits and deductions you qualify for, and you may forget to report things that will come back and haunt you later.
Forms Mode is exclusively available in the TurboTax CD/Download software. It is not available in TurboTax Online.
If you want to play around with different figures and tax scenarios without affecting your original return you can ….
Once you have filed successfully … you can shut off the auto updater function and then save the return & .taxfile.
For Windows, up in the top menu, you can set the "Updater Preferences" to "Always Ask" or more commonly set to "I don't have an internet connection" (even if you do), and then you are not forced to update....and can manually force an update when you choose to do so. And then you can open the file(s) at any time with no forced upgrade.
But that's the Windows software.....not a MAC. For a MAC you cannot turn off the auto updater HOWEVER you can simply disconnect from the internet before opening the tax return.
It's always a good idea to make a backup copy of your tax data file, in case your original gets lost or corrupted. Here's how:
If you make changes to your original tax return file, repeat these steps to ensure your original and backup copies are in-synch.
AND save it as a PDF so you have access to a copy even if you don’t have the program still installed and operational :
AND protect the files :
*** Other clues to the downloaded program ***
In the forms mode ... double click or right click on a box on a form to data source it ... sadly it doesn't work on all boxes.
When you look at an onscreen tax form using Forms Mode, you might wonder why one figure is blue and the one next to it is red or black.
These colors indicate the source of that data.
Color | Meaning |
Blue | You entered this data, either in the interview or Forms Mode. |
Black | The program entered this data or calculated this amount. |
Red | This data has either been overridden or is invalid (for example, a ZIP code that doesn't exist). |
Red italics | You marked this amount as estimated. |
Black italics | The program calculated this amount from an amount you marked as estimated. |
Purple | This information has supporting details. |
Aquamarine | This data was transferred over from last year. |
Green | This data was imported from Quicken or QuickBooks. |
Yellow fields (Windows) | Yellow fields allow user input. Anything you enter here shows up in blue. |
Overriding is not necessary. A cash balance plan is a defined benefit plan. Enter it as such. TurboTax does not limit the amount that you are permitted to report as contributions to a defined benefit plan.
I
am using the online version; however, I need to enter some new data into Line 5a. I have done this repeatedly before. Just need some help on how. If this manual entry negates a turbotax no problem.
In order to type directly into the form you need to download the desktop version. The online version doesn't allow for it.
I would recommend just entering your 1099-R through the portal instead of typing directly onto the form.
Why do you need to change line 5a? It's not needed for anything. In fact Line 5a can be blank or less than 5b. Only the amount on 5b is taxable. If you tell us what is wrong with 5a we can probably tell you how to update it without going into forms and overriding it.
I have entered 1099 r as taxable in Box 1 & 2 but 1040 is reducing the amount taxable, it should not?
The amount taxable is not correct, how do I change it.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
MS461
Returning Member
sassthebat
New Member
kbegeal08
New Member
glendot
Returning Member
JSki
New Member