Parent has a tax amount on line 16 of 1040 and also other taxes on line 23 of 1040. Line 16 is $1000 for example and line 23 is $100 which makes line 24 of 1040 = $1100.
When filling out form 8615 should line 10 of form 8615 be line 16 of parent 1040 or line 24 of parent 1040
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You will need to enter Line 16 of your parents' 1040. The taxes after line 16 are not included in the calculation on Form 8615.
You will need to enter Line 16 of your parents' 1040. The taxes after line 16 are not included in the calculation on Form 8615.
Thank you so so much for the response.
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