Deductions – Simplified Method

When you move to the Deductions page, Mclowd displays a worksheet listing tax deductible amounts.

Deductions entered in the ECPI Deductions field in the Step menu, if any, should display in the ECPI Effects on Eligible Deductions section.

Note: While you cannot edit Deductions here, you can, if necessary, return to the ECPI step and access the Deductions screen in edit mode via the link displayed in the dialog box when you choose Manually Allocate Deductions in the Deductions Apportionment Method step.  

Choose NEXT – SECTION D: INCOME TAX to move to the next screen and review Income Tax.