topic I'm using TurboTax Premier 2021 to file federal 1040 for my child. It complains about "Form 8615: ParentsNetLTGain shouldn't be less than or equal to zero." Bug? in Get your taxes done using TurboTax

I'm using TurboTax Premier 2021 to file federal 1040 for my child. It complains about "Form 8615: ParentsNetLTGain shouldn't be less than or equal to zero." Bug?

longtimeuser20 — Mon, 09 Mar 2026 09:17:40 GMT

That entry comes from my Sch. D. line 15 Net long-term capital gain or (loss), which is negative due to net loss. So it appears to be a TurboTax bug.

Re: I'm using TurboTax Premier 2021 to file federal 1040 for my child. It complains about "Form 8...

ThomasM125 — Wed, 02 Mar 2022 21:29:25 GMT

You are instructed to enter your long term capital gain from line 15 of schedule D. If the amount is negative, then you have a loss, not a gain. In that case, you should leave the entry blank.

Re: I'm using TurboTax Premier 2021 to file federal 1040 for my child. It complains about "Form 8...

longtimeuser20 — Thu, 03 Mar 2022 15:15:27 GMT

Thanks, ThomasM125 for the answer. Perhaps the instruction should be updated to leave the field blank if line 15 of schedule D shows a capital loss...