w2 shareholder income
W2 income per federal reporting = 36336
W2 income per NJ state reporting = 39000
MED125=difference of $2,664.
When preparing NJ CBT100s[page 7, Sched F] NJ W2 income inserted in officer's compensation. balance of compensation, line c should move to Sched A line 7 pg2
NO WAY HOZA....Federal income transfers over...underreporting officer's compensation by $2,664, or the amount of the MED125. ProSeries advised last year, no response.
What am I missing PLEASE HELP..............................................................
