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Form 8615

lrowlands83
Level 1

Line 15 of my client's child's return is showing tax of $1,744 on line 14 which is $1,100. Obviously wrong. Is anyone else having this issue?

 
 

 

 

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1 Solution

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PATAX
Level 15

The solution to this problem has already been posted in other posts on this forum. Just do a search and you will find it and see what is going on

View solution in original post

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3 Comments 3
Just-Lisa-Now-
Level 15
Level 15
You might need to give some other details of the situation for anyone to be able to try and replicate your situation.

"tax of $1,744 on line 14 which is $1,100" doesnt make much sense on its own.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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TaxGuyBill
Level 15

The last I saw, the Kiddie Tax was screwed up and you need to open with some worksheet about Schedule D (maybe Capital Gains or Qualified Dividends, even if that does NOT apply to the kid) and the calculation magically fixes itself.

PATAX
Level 15

The solution to this problem has already been posted in other posts on this forum. Just do a search and you will find it and see what is going on

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