Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Form 7202T 2020

Level 1

Just reviewing the 2020 Proseries, form 7202.  It appears that line 9 in miscalculating, leading to potentially large errors.  It should calculate as the smaller of line 8 or $511.  It appears to calculate as the smaller of line 6 or $511.  Big difference.  I realize the form is only in Draft, but this one might have slipped through...

Labels (1)
0 Cheers
3 Replies 3
Level 15

Over here:

https://proconnect.intuit.com/community/proseries-tax-idea-exchange/idb-p/603

 

Step 3. Submit.

*******************************
"Level Up" is a gaming function, not a real life function.
0 Cheers
Level 15
Level 15

I think its far too early to expect brand new forms to work properly yet.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
0 Cheers
Level 1

the totals do not carry to schedule 3 line 12b as it states??

0 Cheers