rooj28
Level 2
12-07-2019
01:29 AM
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Best Answer Click here
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itonewbie
Level 15
12-07-2019
01:29 AM
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Technically, it can be reported either in Box 14 or 19. Question is whether PS knows how the manage the following if you leave that in Box 19:
- VPDI is not deductible and should not flow to Sch A; and
- Whether the amount will flow to CA 540 correctly If the taxpayer is eligible to claim a credit for excess VPDI.
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Still an AllStar
Still an AllStar
Level 15
12-07-2019
01:29 AM
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FWIW I always put it in Box 14, it identifies it automatically as VPDI and doesn't send to Sch A
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rossanajoaquin
Level 1
12-07-2019
01:29 AM
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Thank you for all your comments. Now I know it is okay to move it to box 14 even if it is in box 19.
itonewbie
Level 15
12-07-2019
01:29 AM
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NP, @rossanajoaquin!
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Still an AllStar
Still an AllStar