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form 8936

Awall1040
Level 1

I have a Tesla model 3 client that is supposed to have a 50% phase out. The form is computing 100%. Is it me or is there something wrong with the program?

Box 4a is $7,500

Box 4b is     50%

Box 4c is $7,500

Anyone else having issues?

Andy

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Champion
Champion

Something is wrong with the program...it was reported yesterday and sent to development.  Thats all we know.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Champion
Champion

You CAN use override and enter the correct dollar amount, then when you convert for Efiling, turn off the error checking.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Awall1040
Level 1

Yes I was on the phone with them for an hour yesterday trying to get them to fess up but they kept telling me to read the directions. Thanks for the verification.

Andy

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bob5
Level 1

Yes. We have the same issue.

It was right 2 days ago, but now when we go into account, the % limit is NOT calculating.

Appears error created with 02-12-20 update. Need a fix !!! 

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Champion
Champion

You can hold the return until an update next week sometime or you can use Override, insert the correct dollar amount, then when you go to Convert for Efiling, uncheck the error checking box to bypass the override.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪