Form 8615: Parent's Net LT Gain shouldn't be less than or equal to zero.

[tta]

When TurboTax did the final checking on my child's return, it put out this complaint:

Form 8615: Parent's Net LT Gain shouldn't be less than or equal to zero.

But my Schedule D line 15 (for tax year 2017) actually has a negative number because I had a loss. Why did TurboTax complain then?

[tta]

Based on the answer to this question https://ttlc.intuit.com/questions/3868340-filling-out-my-child-s-tax-return-tt-complains-about-negat..., I fixed the problem by redoing the interview for "Child's Income (Under Age 24)" in the "Less Common Income" section. In the page "Parents' Capital Gains", when entering a value for "Schedule D, Line 15", you should click on the "Learn More" link where there is a rather important note that If Schedule D, Line 15 is a loss, do not enter an amount on this line and leave the line blank.

[Anonymous]

Thank you for the information. I did redo the interview and removed the capital loss. However, I am still receiving the same error. How do I fix?

[tta]

No idea. What you put in the interview should be reflected in the Form 8615.

[timanne]

I have the same problem. I had zero capital gains in 2019 but form 8615 will not accept zero as an answer.

[timanne]

I figured out to delete the zero and leave the entry blank.

[JoseSulca02]

DId the same and it worked!