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Schedule D tax worksheet not using Form 4952 line 4g
Hello,
I am using turbo tax desktop version for Windows, and when I elect to treat part of my capital gains as investment income (Form 4952 line 4g), turbo tax does not automatically update schedule D tax worksheet (lines 3 and 4). I can override the values manually (to match form 4952), but I am afraid turbo tax might not do proper calculations after that.
Can someone please confirm that my expectations are correct (that line 4g from form 4952 should be automatically included in schedule D tax worksheet) and suggest how I should proceed?
Thank you,
Leonardo.
May 14, 2021
4:24 PM