- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
BE AWARE: I am working on a client who made $1550 in non-cash contributions and itemizes. When I reviewed Schedule A, Contributions were off. Non-Cash showed as $0. When I checked the reference on this line it says "Schedule A, Line 12, Non-Cash: The sum of the amount on Line A of the Noncash Contributions Worksheet unless the total is greater than $500. Then Line C on the Noncash Contributions Worksheet"
Well the smart worksheet has no line C that I can find. And on my client it throws a $0 in non-cash. The Form 8283 is present and is correct. My client also has contribution carryovers of $7303. Proseries used $77 of that carryover from prior years and totally ignored non-cash contributions for 2022.
Not only that but it messes up the Contribution Carryover sheet amounts to 2023. AND because the State where he lives has a limit based on the State income and not the Federal, it has now messed up the State return (AL). It takes exactly the same $0 non-cash plus the $77 carryover from prior year to the State return and I now have to override the carryover from prior years amount on the State Schedule A.
What happened to Proseries?!!! It was working correctly and now does not. They need to fix this as overrides are not good for e-filing. Why are they changing this after 4-18th anyway? Every day I have a message that Proseries has been updated to this day. They sure messed up this time.
Best Answer Click here