Question

Why does Turbotax not add "election to modify tax" on Form 8615?

Forum|Forum|6 years ago
April 22, 2020
1 reply
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In reading the revised instructions for Form 8615, the IRS requires taxpayers electing to modify their tax on unearned income based on the child's parents tax to make a statement on the form that states "election to modify the tax of unearned income." The instructions for Form 8615 say that this can be made on the return (on line 7 or at the top of Form 8615) or on an attachment filed with the return. However, Turbotax is NOT doing this on their forms. When I print them for mailing (which I have to do because my child is under age 16), this statement does not exist. Should I be handwriting this onto the return so it follows the instructions? Why isn't Turbotax doing this?

Not A Product Question

macuser_22

Employee

It does if you make that election.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

M

mgt7Author

Thanks, but that is not on my forms. I printed out the forms that Turbotax instructed me to mail in (I have to mail because my child is under 16) and nowhere is this language included in my forms to file.