jeffrey
Level 5
04-12-2021
10:36 AM
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Update, Incorrect data flowing to 1040. It will not work for Self Employed. The software has the correct amount in the Sch k-1 Wks for S-corp. The correct amount is listed. Then on Schedule 1 it is i$9,000 (approx) higher. When you do a cross reference it shows the correct amount but the wrong amount is on line 16 of the 1040.
No wonder ProSeries didn't announce that it is fixed, they only 1/2 fixed it, they took the premium tax credit payback out of the sch 1, but then it messed up the SE Health deduction.