A friend of mine is trying to file their tax return. TurboTax is requiring the filing of form 8615. Based on the filing instructions for this form from the IRS, they are not required to file the form. I have looked at similar questions posted, and it seems that TurboTax does not have the correct filing requirements. The IRS instructions state the following:
Form 8615 must be filed for any child who meets all of the following
conditions.
1. The child had more than $2,500 of unearned income.
2. The child is required to file a tax return.
3. The child either:
a. Was under age 18 at the end of 2023,
b. Was age 18 at the end of 2023 and didn’t have earned
income that was more than half of the child's support, or
c. Was a full-time student at least age 19 and under age 24 at
the end of 2023 and didn’t have earned income that was
more than half of the child's support.
(Earned income is defined later. Support is defined below.)
4. At least one of the child's parents was alive at the end of 2023.
5. The child doesn’t file a joint return for 2023.
Please note that the filing instructions state that ALL of the conditions must be met in order for form 8615 to be required. My friend has not entered anything into TurboTax that would result in all of these conditions being met.
Previous answers from TurboTax have suggested that they believe that ANY of the conditions must be met, but this is incorrect.
Is there a way to bypass this incorrect requirement?
