jasdlm Posted March 24, 2024 Report Posted March 24, 2024 Hello. I have a weird situation this year. Long-term client has a farm in IA. Does not live in IA. Last year, he received a large Federal tax refund. The calculation on the IA 126 is coming up with 69% of his income as IA even though IA source income is about 1/6th of his total income (so taxable income in IA ends up being more than the source income). I can trace the numbers through with the large federal refund, and I know it's the same calculation as last year (but not so wonky looking because no large federal refund), but it's just not passing my 'sniff' test. Anyone have experience? I've read the instructions, and I think I'm doing it correctly, but it's going to be a difficult one to explain, so I just want to make certain I'm right. Thanks much! Quote
jasdlm Posted March 24, 2024 Author Report Posted March 24, 2024 PLEASE IGNORE ME. I'm an idiot, and I fixed it. Software user error. Sorry. 1 1 Quote
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