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April 13, 2024
Question

They system added $10k under line 31270 Home buyers as "Amount claimed by another individual" federal credit. I did not enter this anywhere - what is it??

  • April 13, 2024
  • 1 reply
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    1 reply

    TurboTaxSusan
    April 13, 2024

    Line 31270 Home buyers amount (aka first-time Home buyers tax credit) is a credit for people who have bought their first home. Did you or your spouse apply for this credit? 

     

    Are you using TurboTax CD/Download or TurboTax Online?

    FinsterAuthor
    April 13, 2024

    No - I am doing my daughters Ttaxes - did not apply for anything. It doesn't seem to be making any difference to the bottom line I just don't understand why it shows up (on both daughter's taxes).  I checked no on all of the home stuff.  and this is what I got when the taxes were done.