Turbo Tax entered $281,865 on my NY form IT-196, line 24. This should be 0. (There should be no entry there.) It won't let me override it. How can I override it? How do I ask Turbo Tax to correct this error in the software.
Check your entries in Deductions & Credits. Line 24 of IT-196 is Other expenses – investment, safe deposit box, etc. An entry of that size is usually a misplaced decimal point, like 10000 instead of 100.00.
TurboTax pulls these numbers from Deductions & Credits > Other Deductions and Credits.
Thanks for the info.
I found that the error was in the entry or in the processing of information about my Roth IRA's. I don't know if I had entered info incorrectly the first time, or if Turbo Tax changed its instructions in an update, or if Turbo Tax change how it handled the numbers in an update. I would normally have guessed that I had entered the information incorrectly, but Turbo Tax did a major update before I re-entered everything. Also, before the update, Turbo Tax had entered $300, not $600, as my charitable contribution (married, filing jointly), and it had repeatedly changed it back to $300 every time I corrected it. After the update, it entered it, correctly, as $600. Also, Turbo Tax, after the update, had changed an entry for my wife's Roth IRA. Turbo Tax did not ask me about it in the various questions, after the update. I had to go onto the form and change it directly to the correct amount that I had previously entered. I have used Turbo Tax for many years. This is the first time that I have seen problems like this.
Thanks again.