rbynaker
Level 13
01-25-2022
09:21 PM
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@rcooley25 wrote:
Thank you for your response. The post that I was referrin to did not make any sense at all.
Welcome to what I call the "misinformation era". There's no way I would ever just drop this into "other income", even if I could find where they put it this year. If the IRS computers are smart enough to look for this (and, as a taxpaying citizen I hope they are), they're going to look for it on lines 4b & 5b, flowing from the new 8915-F.
The draft 8915-F is available. This year the IRS seems to be doubling the size of tax returns. We're up to 4 pages on the 8915-F, all of the numbered schedules (1-3) are now two pages, the 8812 is three pages. It's a good thing they simplified everything onto a postcard a few years ago.