LMT
Level 1
03-27-2021
08:00 PM
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I entered investment advisory fees subject to 2% on the fiduciary input screen and I am not sure if the result I am getting is correct. It's going to the IT-225 coded as S 139 and gets passed out to the beneficiary as a NY subtraction adjustment. It doesn't seem right...how can it be a direct adjustment to income
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sjrcpa
Level 15
03-27-2021
08:56 PM
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New York?
No that does not sound right.
Ex-AllStar