The DNI Diagnostic lists the Interest Income entered on Screen 15 as Net Income, as it should be.
However, the Interest Income is also listed as a Deduction Not Attributable to One Class of Income.
This nets out the distributable amount as -0-.
This has not been the case in past years. Interest Income has always been a Distributable Item.
Can anyone tell me what I am doing wrong?
Thank you very much!
Thank you for replying to my question.
Some of the income was entered as taxable bank interest income and some was entered as federally taxable interest income from T-Bills (exempt from state tax).
Yes, all of the interest was entered in Screen 15, and only on Screen 15.