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Recently we had the state of Michigan adjusted returns regarding state return 2021 priorly claimed Gambling losses. Even if you have losses, Michigan will not allow gambling losses if you choose a standers deduction on federal returns. If you fill in the gambling losses itemize section and decide not to itemize, ProSeries will flow through the gambling losses to state return starting in 2021. This issue will create an inaccurate return for the state of Michigan. Is there any suggestion to illuminate the error.
Note: schedule 1 state of Michigan will not allow you to overwrite gambling loss that flow through from federal return.
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What software are you using? This would help other users.
The more I know the more I don’t know.
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ProSeries Basic
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Ahh! Don't enter gambling losses on federal return if they are not able to itemize federal. Whats not entered can't carryover to Michigan. And Go Hawkeyes tomorrow!!!!
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