GLGACCT Posted October 7, 2016 Report Posted October 7, 2016 Currently, I am evaluating ATX software, while entering in a Schedule C with Business Interest Income and meals among other things the federal return works perfectly. However, for the State of NJ adjustments need to be made to Federal and I do not see a way to do that other than overwrite the numbers manually. I am sure I am missing something somewhere. In this particular case Business Interest Income on Federal is part of Schedule B, for NJ it needs to be adjusted and called Business Income, also, the State of NJ allows 100% meal deduction. Is there an adjustment screen or do you manually override Interest Income on NJ and add it to Business Income and then also reduce Business Income by the remaining 50% of meals. Any help would be appreciated. Thanks Quote
joanmcq Posted October 8, 2016 Report Posted October 8, 2016 Have you checked out any underlying tabs on the NJ forms? Usually if you jump from the line on the form it will take you to the entry worksheet. Sorry, but I don't have a NJ open to check for you m Quote
GLGACCT Posted October 15, 2016 Author Report Posted October 15, 2016 Thank you for the response, I looked under the tabs and do not see anywhere to make the adjustments. The only thing I can do is manually adjusted Interest Income on the NJ 1040 and then change the business income by the Interest and also to deduct the remaining 50% of meals. I am looking for validation to see if this is the correct way to do this or am I missing something? Quote
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