Yes, you do have to file Form 8615. When you make the entries as I described above TurboTax will prepare Form 8615 and include it in your tax return. You do not file Form 8615 separately. It's an attachment to your Form 1040. In my previous reply I told you about a manual pen-and-ink entry that you have to make on Form 8615 after you print it.
Having to file Form 8615 is the reason that you cannot use TurboTax Free Edition.
