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Profile Version 2024.2.5 Not Calculating Federal 10% Tax Abatement?
I have used software for years for my CCPC.
The federal tax abatement (10% of taxable income) is not calculating automatically and entering an amount requires an override, which does not seem appropriate.
I have taxable income and am paying both Part I and Part IV tax.
Am I missing something?
Thanks.
Randy
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OK - so I closed Profile and opened it again and there it was - calculated?
Magic.
Sorry about wasting your time.
Randy