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IA 126 (W2G Gambling Income/Other Income doubling in SureFire - If you use the RES/NR Wkt to allocate the Other Income to the IA form it will tax the gambling income from a Form W2G twice.

🔍 IA 126 (W2G Gambling Income/Other Income doubling in SureFire)

If you use the RES/NR Wkt to allocate the Other Income to the IA form, it will tax the gambling income from a Form W2G twice.

⚠️ Before You Begin

This issue applies to the scenario where you allocate Other Income to the IA form using the RES/NR Wkt.

✅ Resolution

This issue was fixed in the IA 2.0 module update on 2/21/23.

📞 Still Need Help?

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Phone: 1-800-516-9442

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Tags: state,form
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