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I have no idea what has just occurred! I have been using the 2024 software for 2025 estimating with a sale of my Moorpark CA home. Schedule D properly shows the net gain after exclusion for both regular and AMT purposes. Somehow, Schedule D AMT is now getting into this and on line 10 is showing "Long-term totals from all Forms 8949 with box F or L checked" then effectively taking the basis of property sold and taking out both the exclusion and selling costs and computing a massive gain on sale! I have no idea what boxes F or L on Form 8949 are or how this works into it. At the moment, this freaking version is showing I owe more than an added $117K in taxes! This is completely nuts and not rational. Can someone answer this? Thank you! Jeff Lynch
Terry53029
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As Susan said 2025 is not very functional yet. Ok to play around with it, but will have lots of errors until January (maybe even after that 😁)
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I have the identical problem with a client. I expected pro series to have fixed it by now but they have not.
i overrode checking box e instead of box f to get a more accurate result. I am assuming they can fix this by the time we start filing returns in large numbers.
the same situation run in the 2024 program gets a tax due of about 3 times what the 2025 program gets. I strongly suggest manually computing the tax to take into account changes in 2025 taxes.
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FYI-this matter did get fixed quietly before the end of 2025. There was no actual response by Intuit to me that this significant logic error was fixed-just that I noticed it recently while working my own data again.
