I am trying to complete my daughter's taxes and during the error check, Turbotax prompted me to provide some additional information in an 8615 form. After inputting the requested information; parent's name, social, filing status, & taxable income, it progressed saying no more errors found. However, the federal refund at the top didn't change. It is still showing $0, but the final line on the 8615 for shows $1695, which I thought means that much would be owed.
Is it not updating correctly or am I misunderstanding the form?
The most accurate way to see what your numbers are is by viewing your tax forms before filing:
The balance, if there's one, will show in the return preview.