Skip to main content
Level 3
March 22, 2021
Question

California Adjustment Form 540 on 10200 exclusion on American Rescue Plan

  • March 22, 2021
  • 2 replies
  • 9 views

Proseries has updated the $10,200 exclusion on 3/19/21 for Federal Tax return. How about the CA adjustment? The 540 only show 10200 subtraction from Federal AGI which already applied the exclusion. As the result, CA AGI reduces $10200 two times. Please advise. 

This topic has been closed for replies.

2 replies

Level 3
March 22, 2021

I am waiting for a fix on this too.  Maybe ProSeries could respond?  I tried to call them this morning but the wait time was just too long.

Level 3
March 22, 2021

great to know someone also discovers the issue. I did not see any other post on this matter.