ErnieS0
Expert Alumni

Retirement tax questions

If you filed Form 8615 on your 2021 return, TurboTax carried the info to 2022.

You can delete the form if you are no longer a dependent.

 

You only have to file Form 8615 if you meet all of the following conditions:

 

  1. You had more than $2,300 of unearned income.
  2. You are required to file a tax return.
  3. You either:
    • Were under age 18 at the end of 2022,
    • Was age 18 at the end of 2022 and didn’t have earned income that was more than half of your support
    • Was a full-time student at least age 19 and under age 24 at the end of 2022 and didn’t have earned income that was more than half of your support.
  4. At least one of your parents was alive at the end of 2022.
  5. You don’t have to file a joint return for 2022.

When you ask about “Launch Optimizer” if you entered tuition and are trying to claim a credit, your refund may have gone down if you told TurboTax that someone can claim you as a dependent.

 

Check your entry in My Info next to your name. On “Your Personal Info,” NO should be circled on the question Another taxpayer can claim me as a dependent on their tax return.

 

After confirming this, delete Form 8615 and try running the Optimizer again.

 

Please feel free to reach out to TurboTax Community if you need additional help or click here for information on Turbo Tax Support. You can connect with a Live Agent over the phone and share your screen.

 

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