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How to report Bug - Coronavirus distributions and MAGI worksheet for Sch E Rental Loss

Lori_EA
Level 1

The 2020 Coronavirus checkbox on the Form 1099-R and the Form 8915E are now working in Proseries.

To check it out, I opened a sample tax return that we use for training. Because the checkbox/8915E were not working when we originally set up this tax return, we had hand entered the correct distribution amounts in the 1099-R forms. When I switched it putting in the full amounts, using the Coronavirus checkbox (on 1099-R) and the Form 8915E, it calculated correctly the taxable amounts of the 1099-Rs. But, the refund had gone down... it should have stayed the same.

The change was the amount of rental property loss that was being allowed for our fictional client. Poking deeper, I found that the Modified Adjusted Gross Income Worksheet for Form 8582 Line 7 had an incorrect amount for taxable IRA distributions. It property took the Taxpayer's taxable IRA as calculated by the 8915E, but put the full amount of the spouse's distribution.

Definitely a bug. Switching my two 1099-R's by switching T and S indicators changed the refund down yet again, and the Adjusted Gross Income Worksheet showed that it is adding the proper taxable IRA distribution amount for the Taxpayer but adding the full IRA distribution amount for the Spouse.

For the time being, you can override the Taxable IRA distributions box, and that solves the problem.

For 1099-Rs that are not IRAs, it is computing the MAGI correctly.

Does anyone know how to report bugs directly to Proseries?

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4 Replies 4
Just-Lisa-Now-
Level 15
Level 15

@IntuitAustin 

@IntuitBettyJo 

Can someone look into this please?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IntuitAustin
Community Manager
Community Manager

Hi Lisa, 

I'm seeing what I can find on this!

Austin 


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IntuitAustin
Community Manager
Community Manager

Just following up Lisa, we sent this over to development and they are investigating the issue. I'll keep my eye on it! 


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Devereux CPAs
Level 1

This is also affecting the 1099 summary which calculates AGI used for MO tax return.  The adjusted gross income for MO is off by the taxable portion of the IRA distribution.  In example 100k distribution is 33k taxable, MO AGI is off by 33k.  I can overide the taxable amount, however it generates error and removes ability to efile.  

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