DBK1
Level 2
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Thanks. The problem is that Turbo Tax is reducing 529 plan distributions by $10k (per child) resulting in taxable income on the distribution and a penalty. Ther...
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As a follow up. Having to manually override the forms (to adjust for Turbo Tax's bug) is also resulting in issues with the final review of the return - Turbo Ta...
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Thanks so much. Indeed a fix is frankly needed. And to be honest, I really discovered it be accident - otherwise, I wouldn't have caught it. I called Turbo Tax ...
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I am working on my 2021 return and this glitch looks like it still exists - somehow it is reducing my qualified 529 expenses by $10k (applying $10k populated in...
Activity Feed for DBK1
- Got Cheered for Re: Student info worksheet part vi line 17- why a $10k "used for credit or deduction" reduction?. 3 weeks ago
- Got Cheered for Re: Student info worksheet part vi line 17- why a $10k "used for credit or deduction" reduction?. September 26, 2023 7:06 PM
- Got Cheered for Re: Student info worksheet part vi line 17- why a $10k "used for credit or deduction" reduction?. September 26, 2023 7:05 PM
- Posted Re: Student info worksheet part vi line 17- why a $10k "used for credit or deduction" reduction? on State tax filing. February 21, 2022 8:09 AM
- Posted Re: Student info worksheet part vi line 17- why a $10k "used for credit or deduction" reduction? on State tax filing. February 17, 2022 5:00 AM
- Posted Re: Student info worksheet part vi line 17- why a $10k "used for credit or deduction" reduction? on State tax filing. February 2, 2022 5:38 PM
- Posted Re: Student info worksheet part vi line 17- why a $10k "used for credit or deduction" reduction? on State tax filing. January 25, 2022 3:04 PM