catherine
Level 3
12-07-2019
05:15 AM
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Best Answer Click here
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catherine
Level 3
12-07-2019
05:15 AM
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Box 12 Code C (GTL in excess of $50k) is showing up in OTHER ADJUSTMENTS to INCOME SMART WORKSHEET as "Contributions to Section 501(c)(18)(D) Pension Plans" Which is NOT Correct. Also STATE FORM is picking this up.
catherine
Level 3
12-07-2019
05:15 AM
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Will Need to CALL INTUIT TECH SUPPORT - APPEARS TO BE A BUG WITH PROSERIES PROFESSIONAL
catherine
Level 3
12-07-2019
05:15 AM
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Called INTUIT, the magnifying glass pointed to the WRONG W2. The OTHER W2 had CODE H which is 501(c)(18)(D) Pension Plan with THE EXACT SAME $$$
itonewbie
Level 15
12-07-2019
05:15 AM
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What exactly is your question?
GTL in excess of $50k is included as compensation and subject to FICA. Code C on the W-2 is only for information reporting purposes and would not need to be separately added back to Line 7.
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catherine
Level 3
12-07-2019
05:15 AM
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According to Knowledge Base Article, Code C should NOT appear on TAX RETURN. However it's showing under "Other Adjustments to Income"
Just-Lisa-Now-
Level 15
12-07-2019
05:15 AM
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Where do you see "other adjustments to income"? Which line is it appearing on? I just added the Code C to a W2 and Im not seeing that figure appear anywhere on the return.
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rbynaker
Level 13
12-07-2019
05:15 AM
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Yeah, I have Code C's all the time, never goes anywhere.
itonewbie
Level 15
12-07-2019
05:15 AM
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That's what I'd think. Looks like the OP or someone else recommended the answer that there's a bug in PS. Would really confuse others if this is not true.
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Just-Lisa-Now-
Level 15
12-07-2019
05:15 AM
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I just had 2 on Friday with a Code C....I'll have to go back and check and see if this is something new since the last update maybe....I know I checked it 5 days ago.
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catherine
Level 3
12-07-2019
05:15 AM
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Box 12 Code C (GTL in excess of $50k) is showing up in OTHER ADJUSTMENTS to INCOME SMART WORKSHEET as "Contributions to Section 501(c)(18)(D) Pension Plans" Which is NOT Correct. Also STATE FORM is picking this up.
itonewbie
Level 15
12-07-2019
05:15 AM
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@Ashley at Intuit (aka Henry Jr) Hi, Ashley, haven't seen this one before. Would you be able to verify? Thanks!
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catherine
Level 3
12-07-2019
05:15 AM
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SCREEN SHOT is available