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Level 3
June 23, 2021
Question

In ProSeries Basic, unemployment income is adjusted automatically and when the state return is opened, the deduction affected AGI and creation of the MI1040X amended return doesn't flow.

  • June 23, 2021
  • 5 replies
  • 43 views

In ProSeries Basic, if I open a filed return that had reported full unemployment without the $10,200 exclusion, the return is automatically adjusted to show the reduced AGI.  At that point I can't tell what the original amounts were that was filed.  And then to open up the state (MI), I can't create an amended return because the state return AGI has already changed (reduced), I don't have a before and after scenario to create a MI1040X.

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5 replies

IRonMaN
Level 15
June 23, 2021

"I don't have a before and after scenario to create a MI1040X"

Rule number 1 - never trust the software to keep your only copy of the return ---------- things change and so does the software.  You always need to keep a paper or pdf copy of the return prepared.

Go back into the return and temporarily override the $10,200 exclusion.  Then proceed on with your amending of the return and cancel the override.  It's better than calling your clients to see if they have a copy of the return that you prepared for them.

Slava Ukraini!
Just-Lisa-Now-
Intuit Community Champion
June 23, 2021

"At that point I can't tell what the original amounts were that was filed."

You should have a printed or pdf copy of the return as it was originally filed saved somewhere, no?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
PATAX
Level 12
June 23, 2021

@Just-Lisa-Now- @IRonMaN quite a few posts this year dealing with this same matter... I can't believe that tax preparers actually complete returns and do not have a paper and/or PDF copy... Maybe I'm a little mean but something doesn't sound right...

IRonMaN
Level 15
June 23, 2021

Some folks just don't realize that things can change and often do.  But hopefully everyone learns from their oversight.

Slava Ukraini!