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February 19, 2021
Question

I am being asked to enter Parents taxable income from form 1040, line 11b...I do not have a line 11b, only 11. Any ideas what I should enter?

  • February 19, 2021
  • 1 reply
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1 reply

DoninGA
Employee
February 19, 2021

That would be from a federal tax return 2019 Form 1040 Line 11b for taxable income

Employee
February 25, 2021

TurboTax Deluxe 2020 desktop has a bug here I think.


When on a dependent's Federal return, Wages and Income, Less Common Income, Child's Income (Under age 24), trying to complete form 8615, after a few screens it asks you to enter "Enter Parent's taxable income from their 2020".  But TurboTax tells you this in on the 1040 line 11b.  It should say line 15.

 

Am I correct? 

DawnC
Employee
February 25, 2021

Yes, you are correct.  Taxable Income is on Line 15 of the 2020 Form 1040.   There is no Line 11b on the 2020 form.  The statement in TurboTax regarding Line 11b is referencing the 2019 tax return and will be updated.  Thank you @dag14.  

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