Question

Why does from 8615 line 12A look wrong?

Forum|Forum|2 years ago
April 8, 2024
1 reply
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line 12a says to add line 5 and line 7. line 5 is X and line 7 is blank. line 12a is also blank. Should it be X?

TurboTax Online

Yes, if we assume there are no other children. Based on your information here is the line requests per the Form 8615. Double check your entries to make sure you have entered the appropriate information.

Line 5 is the smaller of child's taxable income or unearned income less $2,500.
Line 12a: 8615 line 5 for all other children if applicable - if no other children the amount = line 5
Line 12b: Divide line 5 by line 5 ( based on no other children) = 1

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