John Morgan

I ran into a curious situation that was clearly my own fault that gave me confusing results. I will document it here in case others make the same mistake. For taxable interest I entered … { -- Taxable Interest -- 1099-INT(s) box 1 } L2b 30 {Bank A 25 {Bank B} 40 {Bank C} On schedule B I got… Bank A 30.00 Bank B 25.00 Bank C 40.00 Total 70.00 As you can see, at a glance it looks good but the total is wrong. It took me a while to figure out that I had failed to close the comment for Bank A. The fact...

Either separate spread sheets for each category or some indication on each transaction of what category it belongs to would be helpful to me. Which ever is easier to implement is fine with me. I should point out that I never had a problem with the old method and you shouldn't make big decisions based on my needs. I just saw the spreadsheet implementation and thought I would play with it.

I am playing with last years final 1040 version to see if I can learn about the 8949 spreadsheet for 2024. If there is a way to tell it “these transactions are for A/D, these are for B/E and these are for C/F” I can’t figure it out. Is this still in development or am I doing something wrong? Thanks, John

Upon further review (and some screwing around with the code), it seems that the only effect the threshold/senior/blind check has is to leave line 40 blank or fill it in. The value in line 41 stays the same either way. The calculation of line 41 is done earlier in schedules H and COJ. If we really want line 40 to be 0, we should not subtract property taxes in calculating line 41. If I seem confused it is because I am.

I have read all the above and the instructions and I am quite confused. It seems to me that the code, as implemented in 18.07 is saying: if (income LT threshold) OR (over 65) OR (blind) then not eligible for deduction. Perhaps I am misreading the code but this just seems wrong. Perhaps it wants to be: if (income LT threshold) AND (over 65 OR blind) then not eligible for deduction. They can't want you ineligible just for being over 65, can they? NJ could have found a way to make this simpler.

Occupation values in f1040_meta.dat

The work around is to close the stock market every February 29. : -)

NJ 1040 schedule / worksheet name changes