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MA FORM 2 SCHEDULE B - CALC ERROR

Taxes-by-Rocky
Level 7

@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 Comment 1
Skylane
Level 11
Level 11

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

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