Are any other preparers finding that ProSeries 2018 is not correctly calculating the taxable portion of 2017 State Tax Refunds?

Forum|Forum|6 years ago
December 7, 2019
3 replies
10 views

The problem appears to be on the ProSeries State and Local Income Tax Refund worksheet, Part II, lines 5 & 6. Both of these lines show zero for every client so far. This results in a zero value for every client who had a 2017 State or Local tax refund. I have recalculate each one manually (18 returns so far) and the ProSeries calculation was wrong every time.

ProSeries Professional

This topic has been closed for replies.

Best answer by Just-Lisa-Now-

Asked and answered multiple times in here...but here ya go.

If you transferred your clients into 2018 in Dec or early January, there was a bug in the state refund worksheet.

Its been fixed now, but to make those files that were transferred early get fixed, you need to delete and re-transfer, or each return you need to open the state tax refund worksheet and check the box for income taxes, instead of sales tax.

Just-Lisa-Now-

Answer

Intuit Community Champion

Asked and answered multiple times in here...but here ya go.

If you transferred your clients into 2018 in Dec or early January, there was a bug in the state refund worksheet.

Its been fixed now, but to make those files that were transferred early get fixed, you need to delete and re-transfer, or each return you need to open the state tax refund worksheet and check the box for income taxes, instead of sales tax.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Just-Lisa-Now-

Intuit Community Champion

Long time users of the software have learned the hard way to not transfer clients in until mid January, just for situations like this.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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