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??
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??
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?
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.