Issue with Form 5695 line 29h calculation....always remains zero.

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I have the downloaded version of TurboTax 2025 - Deluxe. The calculation of line 29h should be 30% of line 29g. Yet 29h always remains zero. I override the line 29h value to be 30% of line 29g. Shouldn't this be fixed in a future update? I downloaded the software on 2/25. Installed on 2/26 and updated on 2/27. This issue persists.

AnnetteB6

Employee Tax Expert

I would like to take a closer look at the situation you described. Please consider sharing a diagnostic copy of your tax file so we can take a closer look and see if there is something else causing the result you are getting or if it needs to be submitted to the development team for further investigation and correction. The diagnostic file will not contain personally identifiable information, only numbers related to your tax forms.

If you would like to provide us with the diagnostic file, follow the instructions below and post the token number along with which version of TurboTax you are using in a follow-up thread.

Use these steps if you are using TurboTax Online:

Sign in to your account and be sure you are in your tax return.
Select Tax Tools in the menu to the left.
Select Tools.
Select Share my file with agent.
A pop-up message will appear, select OK to send the sanitized diagnostic copy to us.
Post the token number here.

If you are using a CD/downloaded version of TurboTax, use these steps:

Select Online at the top of the screen.
Select Send Tax File to Agent.
Click OK.
Post the token number here.

If you are using a Mac version of TurboTax, use these steps:

Go to the Menu at the top of the screen and select Help.
Then, Send Tax File to Agent.

Post the token number here.

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MPVH54Author

Level 2

Token 592513385-67789107 contains the data for this form 5695 issue. Please note the non-zero value($791) in line 29h is an override value. Without the override the value in 29h would be zero.

backspacer

Level 2

I have this same problem...

SM556

Level 2

I'm having the same problem. Value populated in 29g, 29h shows $0. This is not giving me the warm fuzzies about "100% correct calculations" at all.

backspacer

Level 2

I updated TT this morning and this value is now calculating correctly for me, give it a try.

A related but somewhat different issue is this value in not appearing in the summary, but it is factored into the overall calculations....I believe..

Vanessa A

Alumni - Intuit

Is the summary working properly for you now? Have you been able to verify that the forms are all now correct and everything is working?

@backspacer

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MPVH54Author

Level 2

Yes, I updated to the current Turbo Tax Deluxe this morning, cancelled my non-zero override for the 29h calculation and the 30% calculation is now correctly working. Well done TT!