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Level 2
December 14, 2022
Question

KEOGH/SEP/SIMPLE Contribution Worksheet

  • December 14, 2022
  • 12 replies
  • 50 views

There is an error on the KEOGH/SEP/SIMPLE Contribution Worksheet  - Line 9 Allowable elective deferrals states - (not more than $20,500) However, the amount calculating in the form is $19,500.  This needs to be corrected as it effects the calculation.

Hopefully, the program is not going to have these "sloppy" errors.

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12 replies

rbynaker
Level 13
December 14, 2022

ProSeries in notoriously terrible at updating inflation adjustments in early releases of the software.  You'd think by now someone there would have a checklist of everything that we know a year ahead of time is going to change, but apparently not...

See if you can override manually for now and then clear it once the software is updated.  They almost always get things like this fixed before efile season opens.

IRonMaN
Level 15
December 14, 2022

If lieu of a checklist, they release the software early so that paying customers can tell them what needs to be updated.  This method is so much easier than going through a silly checklist.

Slava Ukraini!
Just-Lisa-Now-
Intuit Community Champion
December 15, 2022

If youre referring to 2022 program, you'll probably find lots of things that still need to be fixed.  Lots more updates will happen before the filing season begins.

 

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
sjrcpa
Level 15
December 15, 2022

And after it begins, too.

Hey-I wanted to insert a smiley face but that function seems to be enhanced out of functionality now.

The more I know the more I don’t know.
Just-Lisa-Now-
Intuit Community Champion
December 15, 2022

They put the Edit function back and screwed up a bunch of other stuff it looks like.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪