That sort of works. However, I know from past years' experience North Carolina will not recognize the payments if it the amount is not entered on the right line...
Okay. Yes you were right the k-1 preparer should have put the $13,750 in box 13 instead of as an “other” in box 20. Once I put it in using the easy guide, it al...
The election was made in January ‘18, so no issue there. I’ll ask the preparer about it. But Even if I type in $55k for the code R amount, TurboTax disallows it...
Yes, so there is $41,250 that is a profit share contribution and a $13,750 elective deferral. TurboTax seems to have a $41,250 limit on code R amounts.