Qual Div/Cap Gains Worksheet, Line 22. How and where is it calculated?

Forum|Forum|5 years ago
May 21, 2021
2 replies
15 views

I reference the Qual Div/Cap Gain Worksheet to double check the calculations are correct for any clients that have this income scenario. I have posted this question as a reply to other posts that have asked it, but have never received a reply

On the Qual Div/Cap Gains Worksheet, Line 22. How and where is it calculated? Where is the "Tax Computation Worksheet" referenced for Line 22?

ProSeries Basic

This topic has been closed for replies.

qbteachmt

Level 15

"I have posted this question as a reply to other posts that have asked it, but have never received a reply"

You asked that in a topic from 2019. The programs are changed every year. It's likely no one answered because you did not state with tax Year Program you were working with, as well as posting in a 1.5 year old topic.

I google, such as:

Sched B Proseries

Sched D Proseries

1099-B Proseries

Such as:

https://proconnect.intuit.com/community/individual/help/proseries-schedule-d-form-8949-faq-s/00/5440

https://proconnect.intuit.com/community/individual/help/proseries-schedule-b-faq-s/00/4684

Don't yell at us; we're volunteers

B

bevantaxservicesAuthor

Level 4

Thank you for responding to my post. I am using Proseries Basic, TY2020. I checked the links you sent but they didn't have any useful information. I need to know:

1. Where the results on Line 22 on the Qualified Dividends & Capital Gains Worksheet are calculation. In this example the number is $41,819. I can't find this number on any other worksheet or form.

2. If you read the text on Line 22, it refers to the source being a "Tax Computation Worksheet". Where is this worksheet?

3. If you highlight Line 22 in ProSeries, right-click or click Help, there is no cross reference or any information on this line.

S

staci

Level 2

https://www.irs.gov/pub/irs-pdf/p17.pdf page 122 is where the elusive Tax Computation Worksheet is. It is not in ProSeries at this time, only on the IRS website.

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