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The state refund data is not properly transferring from 17 to 18 and therefore incorrectly being excluded from income. PS software is switching from income to sales tax.

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Level 1

Client itemized in TY17 and utilized state income taxes paid instead of sales tax.  In TY18, the state income tax box is not checked on the State Refund Worksheet.  Do we have to manually go in and make this correction for each client?

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Level 11
Level 11

This issue was fixed several weeks ago. If you had transferred your files prior to fix, you would need to delete and re-transfer your clients. If you've worked on any clients prior, you'll need to re-transfer the ones you have not. Either that or manually make change on the worksheet. 

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Level 11
Level 11

This issue was fixed several weeks ago. If you had transferred your files prior to fix, you would need to delete and re-transfer your clients. If you've worked on any clients prior, you'll need to re-transfer the ones you have not. Either that or manually make change on the worksheet. 

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Moderator
Moderator

Development is looking into this issue. 

If the Income Taxes box is not checked on Line C of the State and Local Income Tax Refund Worksheet and it should have been then you would want to check that. 

If you are sure the full prior year refund should be taxable this year you can skip making the manual adjustment and just check the box below line 4 for "Use this worksheet to complete taxable refund amount? - If no, skip this Smart Worksheet. Total refund from Line 1 column (b) will be reported as income." 

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