gtwells1
Returning Member

Investors & landlords

Hi Turbotax,  there is a Bug in your software when calculating  Form 8960 line 9b.  It is including the Real Estate taxes in the calculation, which should be excluded.  The 2 Experts above confirmed that only "State, local, and foreign income tax" should be used.

Form 8960 line 9b is adding income taxes, and real taxes (665+8002 = 8667).

I am using Turbo tax business edition for a complex trust.

Please advise.

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