Question:
I noticed the ATI didn't take off the rental loss
Gross Wage $104657+
interest $251 less
Deduction: $2586
=$102322 ATI
The software didn't include rental loss of $11552
Answer: ATI in LodgeiT is calculated correctly. In this case,
Taxable income + IT6 Net rental loss = Adjusted Taxable income
$90,770 + $11,552 = $102322
