Hi all,
Regarding the NYS inflation checks, NYS instructions specify "If you received an inflation refund check from the Tax Department and included the check amount in the calculation of federal adjusted gross income reported on line 19, then enter that amount on line 25.". Based on IRS Notice 2023-56, since this is not a refund of previously paid tax, the "tax benefit" rule does not apply, and it is taxable on the federal level. How are we getting this to flow to line 25? When I choose to jump to input, I am only getting the State tax refund screen. Will Lacerte be updating Screen 51.091 to include this?
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