liz5
Level 1
05-16-2021
11:35 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
On Federal Return, the program picked up 1/3 of the 401k distribution but NJ is picking up the full amount. How do you adjust?
Labels
qbteachmt
Level 15
05-16-2021
01:33 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Read this topic: https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/nj-efile-rejections/00/...
*******************************
Don't yell at us; we're volunteers
Don't yell at us; we're volunteers
liz5
Level 1
05-16-2021
01:50 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I should have mentioned that I am working on ProConnect Tax.
qbteachmt
Level 15
05-16-2021
02:13 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes, I see you posted in the ProConnect forum. But you can read that topic to see the expected update from Intuit for ProSeries is not until 5/20 or later, and you can see what happened to a NJ preparer, and how it is being handled by that person.
It isn't "three year average" but "spread over three years." NJ made a late retroactive change for conformity. As did other States.
*******************************
Don't yell at us; we're volunteers
Don't yell at us; we're volunteers
liz5
Level 1
05-16-2021
02:55 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I misspoke - yes, spread over three years. And thanks - I will hold off filing the return until the update is made.