8615 wizard broken

Forum|Forum|6 years ago
March 7, 2020
2 replies
23 views

I’m having a couple of issues with the wizard for my kids’ 8615s (I have two). I’m filing under TCJA rules this year because it is much more advantageous for us than the pre-TCJA rules that go back into effect next year.

1. I’m begin asked “If the parents of Name had capital gains or losses in 2019, enter any qualified dividends that appear on their Form 1040, line 9b." — There is no line 9b on Form 1040. (I entered $0)

2. When asked about “Information About Other Children” I have to fill out three lines, “Net Quialified Dividends, Total Net Capital Gain, and Net Capital Gain” for the other child. — When I click on “learn more” for these three items I am referred to forms that do not exist as follows.

2a. "From the other children’s 8615 Worksheet, page 2, Line 5 Worksheet, enter either Worksheet 1, line J, Worksheet 2, line O, or Worksheet 3, line R as the net qualified dividend amount.” — There is no line 5 worksheet, or worksheets named 1-3, in the other child’s Forms.

2b. “…" — again this wants soimething from the Line 5 Worksheet that doesn’t exist.

2c. “…” — again looking for the non-existent line 5 or named 1-3 worksheets.

I have a line 7 worksheet, as well as a bunch of random line 7 supplementary forms, but nothing about line 5.

Does anyone know what I should do here?

Best answer by LUKE D

I think what’s happening in the other case is that the wizard is forcing me into the line 5 worksheet workflow, which is for pre-TCJA rules (i.e., uses the tax rate of the parent rather than trust and estates), even though I’ve selected to use the TCJA.

I believe that the line 7 worksheet that is being generated should be enough, and that’s why there’s no line 5 worksheet at all.

Okay, the wizard is taking the wrong path when you select TCJA rules.

I did a workaround for this problem where I selected pre-TCJA rules for both children, and filled out all of the information up to the point where it asks about other children.

At that point the Child’s 8615 Worksheet has been added to the project, and completed. This is the worksheet that has the information that you need on it.

You can print out that single form for each child using the print functionality, and then restart the child income wizard section for each child.

This time you pick TCJA rules, and complete all of the questions, using the information on the forms that you just printed out.

At this point you’re done. I don’t believe that it uses any of the information in those questions to compute the taxes, it uses the “Line 7” worksheet information that uses “trust and estate” rules that it has already generated behind the scenes.

Hopefully this helps anyone that has this same issue.

macuser_22

Alumni - Champ

I already reported the "9b" typo. I have not confirmed the others but I attached your post to my "9b" bug report.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

LUKE DAuthor

Level 3

Thank you. Are the bug reports publically viewable somewhere?

macuser_22

Alumni - Champ

No. I notified a forum moderator that will submit it.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

bturk

Level 2

IT IS NOT WORKING AT ALL FOR ME. Seems they released the form before debugging. So FRUSTRATED!!!!!

chadman

Level 2

Concur. None of the line numbers seem to align and the calculations seem incorrect. Why is this kiddie tax form so hard on turbotax? One would think a kiddie tax form should be simple.