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Finding a warning that ProSeries has detected that the amounts calculated in the return have changed since e-filed. The only change is the tax. What's happening here?

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Level 2

Multiple returns are showing changes to the tax calculation.  There are no changes other than the tax calculation has changed.  Looks like it's happening a lot with clients who had capital gains?  Was ProSeries calculating the tax wrong before?  And this was corrected with an update?

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Level 15

The IRS was calculating the tax wrong.  There was either an alert or an e-mail sent out about the issue awhile back.  Maybe you were one of the chosen ones and had a bunch of returns affected by it.

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.

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Level 15

The IRS was calculating the tax wrong.  There was either an alert or an e-mail sent out about the issue awhile back.  Maybe you were one of the chosen ones and had a bunch of returns affected by it.

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.

View solution in original post

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Level 2
Any chance you have a link to information about this alert/email?
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Level 15
Level 15
I know I saw something about it somewhere...I'm not seeing it in the list of program alerts that show up as a yellow banner though.

Are you discovering this by opening a file and getting that pop-up that says "things have changed"?   or is there query that will pull up all files with a potential change?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 15
When all else fails, you can get it from the horse's mouth:
https://www.irs.gov/forms-pubs/error-in-tax-calculation-in-schedule-d-tax-worksheet-form-1040
ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.
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Level 15
:horse: :open_mouth::horse: :open_mouth:
Former Chump... umm.... AllStar.
If a post answers your question, click on *Accept as solution* for future searches
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Level 15
Level 15
sooooo...was the error in the IRS favor and they will be sending out bills? or vice-versa?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 15
That's the rumor....I'm going to try to isolate my clients potentially impacted & notify them in advance.  
Former Chump... umm.... AllStar.
If a post answers your question, click on *Accept as solution* for future searches
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Level 2
I've found some in the taxpayers favor and I've found some where the taxpayer owes more.
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Level 1
I just found a client that overpaid by almost $3,000!!!!!
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Level 15
Level 15
@skrampel  and the only change to the return is the amount of tax?  all the other figures are the same?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 8
Opened a client this a.m. to send them a .pdf copy.... and got the "changes" pop-up. They had sold their business and were involved with the 28% tax situation. Gonna get a refund of about $600, but my understanding is that the IRS is reviewing applicable  returns, and we will not have to do 1040X's  to  get the refund.
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Level 15

It's a Schedule D computation issue, mainly (exclusively?) impacting returns with a 28% tax in the mix.   I've had one (so far) impacted, for a whopping $ 27.  I first thought it was a transposition error :smile:

Former Chump... umm.... AllStar.
If a post answers your question, click on *Accept as solution* for future searches
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Level 8

There was a change in the calculations on Form 2210 when they changed percentages.  If you can find the alert, it will let you know which of your clients were affected by this.

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Level 15
Level 15
Ive had a few clients call after receiving small refund checks they didn't expect...they appear to be from this 2210 % change mid-season, still haven't seen any of the explanation letters though.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 15
That wouldn't impact the *tax*, but would change what was owed/refund.  We need the OP to return & clarify.
Former Chump... umm.... AllStar.
If a post answers your question, click on *Accept as solution* for future searches
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Level 2
The actual tax is changing.  Appears to be related to this: https://www.irs.gov/forms-pubs/error-in-tax-calculation-in-schedule-d-tax-worksheet-form-1040
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Level 2
I've tried to find the ProSeries Alert by clicking on Alerts on the toolbar, and I don't see any alerts concerning this issue.
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Level 15
It could have been by way of an e-mail or it could have even been an alert on the main page of this forum.  Intuit's strong point has never been communications.
ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.
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Level 15
Level 15
I think I saw it in my Facebook newsfeed from Spidell or one of the other tax related sites I follow.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 4
Can anyone provide a link that shows ProSeries even updated the calculation after IRS found the error? I would think at least one of my clients would have been affected but, so far, I have not found one. There is no Query for this? We have to open up every single client file with Cap Gains to find this?
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Level 15
Level 15
posted above  "It's a Schedule D computation issue, mainly (exclusively?) impacting returns with a 28% tax in the mix"

Look at some of your clients with higher incomes.  My clients are mostly middle income people, I only have a handful with income in this bracket.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 4
I understand it was an IRS issue. What I am trying to find is evidence from ProSeries that they corrected it. I have printed out the 1040 Read Me notes and I DO NOT find any mention at all that this issue was addressed with an update to our software.
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Level 2
It was certainly updated as I'm finding unexpected tax changes when I open certain clients.  What I don't see is any information/alert about the update from ProSeries.
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Level 2
If you click on "Analyzer" on the toolbar, choose Form 1040, there's an option to query "Return Results Changed".
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Level 4
Aha! Never saw that. Thanks!
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