FManoni
Level 2
03-16-2023
11:58 AM
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I’m working on an IT-205 with adjustments flowing from an IT-225. The calculations are all correct but the Subtraction code on the IT-225 is not. The adjustment for allowable tax prep fees against the out-of-state income added back is coded as S-204 (Amortizable bond premium) when it should be S-203 (Expenses other than interest connected with federally tax-exempt income). I can easily enter the override in the S-203 box but am having no luck zeroing out the same calculated figure labeled S-204. Suggestions?
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