Solved
Schedule1 Line 24z
It seems I can no longer enter an adjustment in schedule 1, line 24z on Turbotax for tax year 2024.
Is this a bug, please help with a workaround. Thanks
It depends. If this is an allowed negative adjustment to your income you can use the following steps.
Other Miscellaneous Income:
- Sign into your TurboTax Online account
- Go to Tax Home (left panel) Wages and Income section
- Scroll to Less Common Income > Select Miscellaneous Income, 1099-A, 1099-C
- Select Other reportable Income > Enter a description (----) and the amount
- For a negative adjustment enter an a description and a negative amount (-100 example)
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