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Problem

An issue has been reported in Reckon APS Tax 2020.3.1 where the NANE income does not reduce PSI income. This issue affects some individual tax returns.

Solution

The problem described in this article is fixed in Reckon APS Tax 2020.4.0 (reference TAX-398).

Workaround

Users can either not include the cash flow boost and the NANE in the PSI business or else include the cash flow boost and NANE in a non-PSI business where total income will then match the accounts.