Big Problem. Client Trust 1041 return has a long term capital loss carryover from 2017. On the 2018 return - Schedule D, line 15 - long-term capital loss carryover is the correct amount. However page 2 Schedule D, PART III, line 18c has a number for 28% rate gain, pulling from a 28% Rate Gain Worksheet -- WHICH IS COMPLETELY WRONG. There was zero 28% rate gain from 2017 or 2018. In fact, the Total, Line 19 for Schedule D, PART III, doesn't even add up correctly - it is ignoring the wrong number on 18c -- Don't think IRS will ignore a gain amount.
Disappointed that even the mathematical error was not caught.
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This issue is fixed in an update available today, February 27, 2019. Please run program updates for the current version.
This issue is fixed in an update available today, February 27, 2019. Please run program updates for the current version.
I am having the same problems. It seems that Form 1041 Schedule D line 18c 28% Rate Gain Worksheet is not calculating properly because line 5 of the worksheet should be a negative number. Because the number is populating as positive, the worksheet is wrong.
Hopefully the programmers will correct this ASAP.
This issue has been reported to our development team.
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