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Troubleshooting
As of Jan 11, 2025 it doesn't look like the quicktax software has been updated to reflect the new 2024 ATM exemption amount. In 2023 it was $40,000 and in 2024 it should be $173,000 (but the atm rate was increased from 15% to 20.5 within the software already). Do you know when the software will be updated the proper ATM exemption amount for 2024?
Thanks. Michael
‎January 11, 2025
7:36 AM