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Level 1
January 20, 2022
Question

Error In Turbo tax Calculation

  • January 20, 2022
  • 3 replies
  • 24 views

On form 8853 page 2 line 21 Turbo Tax uses the 2020 per diem limit to calculate non taxable Long Term Care benefits.  The sentence reads "Multiply $400 by the number of days in the LTC period" but the calculation uses the 2020 number of $380 instead of the correct $400.

    3 replies

    Critter-3
    Level 15
    January 20, 2022

    I am sure that form is not yet updated ... if you click on the REVIEW tab the program should give you an estimated date of functionality.

    AkinaLO
    Level 15
    January 20, 2022

    Please review the forms availability table for 2021 to see when this form will be available.

    IRS forms availability table for TurboTax individual ...

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    Critter-3
    Level 15
    January 20, 2022

    @AkinaLO    3 hours ago when I posted that site was off line