ondermi1
New Member

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