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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.
March 28, 2025
8:58 AM