957341
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can Line 27 on a Qual. Divs. & Cap. Gains Tax Work-sheet go to Form 1040, line 11(a) when the 1040 Line 11(a) has data on it from the entry lines just above it?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Can Line 27 on a Qual. Divs. & Cap. Gains Tax Work-sheet go to Form 1040, line 11(a) when the 1040 Line 11(a) has data on it from the entry lines just above it?

The 2019 Qualified Dividends and Capital Gains Worksheet in the TurboTax program is not correct for Line 27.  The amount from Line 27 of the worksheet should flow to Form 1040 Line 12a, NOT Line 11a.

There will be multiple updates to the 2019 software before it can be used to file a 2019 tax return in January of 2020.

 

See IRS Draft Form 1040 instructions for tax year 2019 Qualified Dividends and Capital Gains Worksheet on page 33 -  https://www.irs.gov/pub/irs-dft/i1040gi--dft.pdf#page=33

View solution in original post

2 Replies

Can Line 27 on a Qual. Divs. & Cap. Gains Tax Work-sheet go to Form 1040, line 11(a) when the 1040 Line 11(a) has data on it from the entry lines just above it?

The 2019 Qualified Dividends and Capital Gains Worksheet in the TurboTax program is not correct for Line 27.  The amount from Line 27 of the worksheet should flow to Form 1040 Line 12a, NOT Line 11a.

There will be multiple updates to the 2019 software before it can be used to file a 2019 tax return in January of 2020.

 

See IRS Draft Form 1040 instructions for tax year 2019 Qualified Dividends and Capital Gains Worksheet on page 33 -  https://www.irs.gov/pub/irs-dft/i1040gi--dft.pdf#page=33

Can Line 27 on a Qual. Divs. & Cap. Gains Tax Work-sheet go to Form 1040, line 11(a) when the 1040 Line 11(a) has data on it from the entry lines just above it?

Thank you.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question