in 2020 taxpayers took distributions from retirement plans. 1/3 was taxable in 2020, 1/3 in 2021 and the last 1/3 in 2022. Why is an additional 1/3 is showing as taxable income in 2023?
Thank you
That glitch was fixed over a month ago.
Was this a client that you transferred into 2023 in early January? If you haven't done any work on it, just delete the file and re-transfer it.
If this was a recently transferred client, then your software needs to be updated, you may even have to use REPAIR UDPATES, since its been fixed for multiple updates.
Thank you so much for the answer. We transferred our clients late December. I'm surprised an update can't fix it subsequent to the transfer. We'll have to be on the lookout to make sure none of the distribution is treating as income in 2023.
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