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Level 3
posted Feb 23, 2021 4:15:09 PM

2020 form 8615 wizard refers to line numbers of 2019 1040

When going through the 8615 wizard for my children it wants Parent's Taxable Income from 1040, line 11b, or 1040NR, line 41.

 

 

This information is no longer accurate, in 2020 I believe Taxable Income is 1040, line 15.

 

 

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1 Best answer
Level 8
Feb 23, 2021 4:47:30 PM

Yes, you are correct, Taxable Income on 2020 1040 is Line 15. I do know that Product Services is working on this, but I am just not sure when the update will take effect. 

1 Replies
Level 8
Feb 23, 2021 4:47:30 PM

Yes, you are correct, Taxable Income on 2020 1040 is Line 15. I do know that Product Services is working on this, but I am just not sure when the update will take effect.