How do I clear overrides and age mismatch warnings in Scenario Analysis?

Skip to Instructions on:

Clearing Overrides (indicated by a red exclamation point)

Clearing an Age Mismatch Warning (indicated by a yellow triangle)

How to clear overrides in scenario analysis:

Why it happens:

When copying a scenario generated from an uploaded return, Holistiplan uses override fields to create an immediate copy of that return. Some override fields are used for items in which the tax return lacks the detail required to assign values to a specific taxpayer. For example, W-2 wages are not split between Taxpayer 1 and Taxpayer 2 on a tax return with Married Filing Jointly filing status. Instead, all W-2 wages for both taxpayers are summed and entered on line 1a of Form 1040. Because of this, Holistiplan must group them into a single override field.

How to clear it:

Remove all values from the override field. Entering a $0 in an override field does not clear it, but instead overrides that field with a $0 value.

Clearing overrides for items like Wages, IRA Distributions, and Social Security income allows users to attribute income to a specific taxpayer. This is required for certain state tax calculations.

How to clear "Birthday and Age Checkboxes" Mismatch warnings in Scenario Analysis

Why it happens: A yellow warning triangle indicates a discrepancy between the information in the Household screen and Scenario Analysis.

How to clear it: Follow these steps in order:

1. Check the Household Screen: Navigate to the Household screen and ensure both taxpayers are added with their correct dates of birth. If a spouse is missing, click Add Client to add them.
   
   
2. Verify the Scenario Participants: Return to Scenario Analysis and expand the Filing Status / Age / Dependents section.
   • Ensure the correct names are selected in the dropdown menus for Taxpayer 1 and Taxpayer 2.

1. • If a name is missing from the dropdown, return to the Household screen (Step 1). 

     In the example below, we do not have Taxpayer 2 listed, and they are not shown in the dropdown (because they have not been added to the Household).

     

2. Sync the 65 or Older Checkboxes: In the Filing Status / Age / Dependents section of Scenario Analysis, ensure the 65 or Older checkbox for each taxpayer matches their actual age based on the birthdate in the Household screen. Example: If a taxpayer is 60 but the box is checked, or if they are 67 and the box is unchecked, the warning will remain until they match.
   
   
   
   

Once the names are selected and the age checkboxes align with the birthdates on file, the yellow warning will disappear.