- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
The suggested solution of removing the form and re-entering the information doesn't work. There is a program error with the 8615 line 7 worksheet. The software actually creates two different versions of the associated line 7 worksheet. One appears correct (selects the appropriate value from line 1 or line 4), the other has a value from some unknown source. The final tax amount on line 7 of form 8615 is using the tax calculated on the worksheet with the unknown source. Clicking on the 8615 line 7 value takes you to the worksheet that shows a completely different number.
I spent over an hour on the phone with product support. We reinstalled the product and then they provided a link to the manual updates to ensure I have the latest software. I was then passed to a tax professional who agreed that the value TTax is entering on one of the 8615 Line 7 worksheets (line 2) is incorrect as it doesn't match the lower of line 1 or line 4 on form 8615.
I would appreciate it if someone could get back to me with a date on when the updated software (fix) will be released.