Proseries users and section 1035 exchange

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  • Twin Turbo Z
    Senior Member
    • Feb 2014
    • 373
    #1

    Proseries users and section 1035 exchange

    Have a 1099R coded 6 "Section 1035 exchange" and the amount is flowing to the 1040 as taxable. This is a non taxable exchange. Any proseries users know of any button to check on the 1099R screen to stop it from being taxable. Searched up and down the 1099R screen to no avail !!
    Tags: None
    • Twin Turbo Z
      Senior Member
      • Feb 2014
      • 373
      #2
      WTH !! I shut down Proseries, fired it back up and now it calculated correctly !!! Crazy !!!

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