mknox
Level 1
02-15-2024
11:15 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
How do I adjust the MI medicare premiums paid. I added the appropriate amount but proconnect is not picking it up the the total deductions on the MI tax return.
George4Tacks
Level 15
02-15-2024
11:28 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Are you speaking of Medicare premium or Medicare supplement premium?
Answers are easy. Questions are hard!
mknox
Level 1
02-15-2024
12:38 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hey George,
I'm getting a warning about the premiums for medicare not being deductible on the MI1040cr and to make the adjustment to taxable social security. When I the amount the client paid Proconnect is not adjusting the total deductions on the MI tax return.
George4Tacks
Level 15
02-15-2024
01:52 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I don't go MI. My guess is that it is just a warning and you can ignore it.
Do you, as the paid preparer, feel that everything is being reported correctly?
- If so, file the return.
- If not, what needs to be done to correct the issue.
Answers are easy. Questions are hard!
mknox
Level 1
02-15-2024
02:30 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes I believe it is.
Thanks for helping out.