Need to file form 8615 with dependent child's 2023 tax return.
Parent's total taxable income and Toal capital gain have been entered into input sheets.
However, line 9 on From 8615 is calculating tax on line 8 as if it was all ordinary income. IE, it is NOT
utilizing the Qualified Dividends and Capital Gain Tax Worksheet to figure the tax on the capital gain properly. (and the box is NOT checked saying it is using that worksheet). How do I get Turbo Tax to use this worksheet
to calculate the tax on line 9 correctly?
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Using step by step did you go to Income >Less Common Income >Child’s Income? A test return work for me.
Completing Form 8615 in forms mode is complicated and error-prone. I strongly recommend that you enter the information using the Step-by-Step interview. Bsch4477 told you how to get to the Child's Income section of the interview. Enter all of the child's income before you go to that section.
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