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2024 TurboTax T5 Box 34 Override Not Clearing

 I mistakenly did an override for Box 34. When I say clear it in the Warnings. It says it still exists. If  I delete the T5 slip the error still exists. I had to go to Forms, Find Override, and clear it. Only then did it remove the value on the Schedule 3 form. Please correct in the next update.

3 Replies

2024 TurboTax T5 Box 34 Override Not Clearing

Updated original comments. Cant delete this post reply so just updating to remove comments.

2024 TurboTax T5 Box 34 Override Not Clearing

Our development team is working on fixing the LOSS form, Schedule 3 and other related forms ASAP. 

 

In the meantime, if you are trying to estimate your taxes payable, use the old 50% capital gains rate, as the two-thirds new rate will no longer apply for 2024.

 

Thank you for your patience.

 

 

 

2024 TurboTax T5 Box 34 Override Not Clearing

Hi Susan, ok thanks. Just to clarify. It seems that if I input Box 34 on the T5 input line this causes TurboTax to think its an override even though I didnt do one. Hope this helps clarify this issue.