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plr question
February 27, 2025
Question

i used line 24z on schedule 1 income adjustments before. this year is says the field is obsolete. what do i use now?

  • February 27, 2025
  • 1 reply
  • 0 views
TT flags this field as an error in smartcheck

    1 reply

    VictoriaD75
    VictoriaD75
    February 27, 2025

    Line 24z of Schedule 1 still exists. It is used as "other" adjustments to income. Do you have the number entered as a negative number in the software? Review the entry from the smart check error.  See this link for entering adjustments in Schedule 1 on TurboTax:

     

    Schedule 1, Line 24z

     

    @plr question 

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    J
    jhmoser15
    March 20, 2025

    I have to use schedule 1 line 24z  with a section 409a corrected statement.  What do I do.

    T
    ThomasM125
    March 25, 2025

    You can make that entry in TurboTax as follows:

     

    1. From the Federal menu in TurboTax find Wages and Income 

    2. Find Less Common Income

    3. Choose Miscellaneous Income, 1099-A, 1099-C

    4. Choose Other Reportable Income

    5. Enter a description of the income and the amount

     

    @jhmoser15 

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