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Level 5
January 30, 2021
Solved

Form 8615 ProSeries Line 15 seems to be calculating incorrectly

  • January 30, 2021
  • 1 reply
  • 19 views

On Form 8615 Line 14 I have correct amount of $1100.  Line 15 says tax on that is $1426.  There is no schedule D.  How can this be possible, if it's taxed at child's single rate?

 

Thanks

 

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Best answer by Colmatt

Solved.  Updated program and all set.  Thanks anyway everyone!  

1 reply

ColmattAuthorAnswer
Level 5
January 30, 2021

Solved.  Updated program and all set.  Thanks anyway everyone!