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Taxes-by-Rocky
Level 7
February 14, 2024
Question

MA FORM 2 SCHEDULE B - CALC ERROR

  • February 14, 2024
  • 1 reply
  • 6 views

@Intuit

Massachusetts Form 2 (trusts), Schedule B, Line 7 "Other Exclusions" is not adjusting for MA tax-exempt interest and dividends as the program has in all prior years (provided you checked the box on "Int Inc Stmt").  Such MA tax-exempt interest and dividends should not be taxable in MA.  Please fix the program and release a new Schedule B.  [Or advise users that coding income as "MA Tax-Exempt" has no effect on the tax return.]  Thanks.

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    1 reply

    Skylane
    Intuit Community Champion
    February 14, 2024

    @1569  Gabi  could you send this to the Mass Intuit Tech people to review. Thanks

    If at first you don’t succeed…..find a workaround