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Form 7202T 2020

Tom B
Level 1

Just reviewing the 2020 Proseries, form 7202.  It appears that line 9 in miscalculating, leading to potentially large errors.  It should calculate as the smaller of line 8 or $511.  It appears to calculate as the smaller of line 6 or $511.  Big difference.  I realize the form is only in Draft, but this one might have slipped through...

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3 Comments 3
Level 15

Over here:



Step 3. Submit.

"Level Up" is a gaming function, not a real life function.
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Level 15
Level 15

I think its far too early to expect brand new forms to work properly yet.

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Level 1

the totals do not carry to schedule 3 line 12b as it states??

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