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Thank you for your quick answer ! I will put a negative value and reference the code on Line 12 as the State program specifically aligns with the IRC language f...
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My client suffered major flood damage in June 2024 to the first level of her personal residence. The state issued funds to cover the repair costs that her insur...
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Client withdrew 529 plan money for dependent child to attend university in Europe. My understanding is you can use 529 plan funds to pay for qualified expenses ...
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thank you so much, i see now
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i'm sorry I am confused. that is correct, nothing was reported to IRS including basis. what is the difference between entering totals versus summary totals ?