2864320
I think I found a bug in how TurboTax 2022 imports data from TurboTax 2021. TurboTax 2022 seems to be pulling numbers out of thin air, instead of pulling them from a "Schedule D AMT" as expected. Here's the details:
1. Select "Wages and Income"
2. Select "Capital Loss Carryover" in the "Investment Income" section
3. "Do you know your capital loss carryover amounts?" > "Yes, I'll review the amounts...Recommended based on the info we transferred from your 2021 return."
4. "Let's get some info from your 2021 tax return." I confirmed that all numbers shown on this screen are correct by comparing against the referenced lines on my 2021 tax return.
5. Click Continue. See the "We need some info from the 2021 Schedule D you used for AMT" screen, shown below:
Now I try to check the first two numbers on this screen (Adjusted Short-Term... and Adjusted Long-Term...). I have no idea where they are coming from. My 2021 tax return PDF (generated by TT 2021) does not have a second Schedule D adjusted for AMT. Further, I tried looking in the forms view in the TT 2021 app. There's a single "Schedule D" -- the one that is NOT adjusted for AMT. Further, the number imported into the Long-Term box DOES NOT appear anywhere in my 2021 tax return PDF!
Where on earth is this number coming from?
It seems to me that at least one of the following is true
(a) TurboTax 2021 should have generated a "Schedule D AMT". Even if this is not included in the return PDF, it should be included in the forms view of the app, since it is used as part of the computation.
(b) TurboTax 2022 is pulling a number out of thin air to fill in the box.
I tried searching the forum in case someone else already found a solution to this problem. The closest I can find is this thread from the 2017/2018 tax years. On that thread, the author followed up to say that they later found the "Schedule D AMT" in the forms list at the end. That's definitely not the case for me. I've sifted through the forms list half a dozen times now, and there's definitely no AMT version of the Schedule D in there.
Anyone got advice? How can I report this to Intuit as a bug?
You'll need to sign in or create an account to connect with an expert.
I made progress on part of this. Regarding problem (a) in the OP, I found out how to find the "Schedule D AMT" for 2021. I'm using TurboTax for Mac. I couldn't find the form because it's not listed in left panel of the Forms view.
Indeed, it does not appear in that bar. But I was able to find the form by clicking "Open Form" in the toolbar, then typing "Schedule D AMT" in the search box, then opening the the form from the list in that dialog.
When that form is opened, I see that it is filled out. Further, I see the values on Line 7 and Line 15 are what I expected; NOT equal to the crazy number that TurboTax claims to have imported automatically. Therefore, I'm now even more convinced that there's a bug related to problem (b). That is, TurboTax is "importing" numbers out of thin air instead of properly pulling the numbers from last year's "Schedule D AMT".
Just to make you aware, the situation you described was reported and addressed by the development team. It has been corrected.
It is virtually impossible to report a bug, as I learned last year.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
teamely5
New Member
tianwaifeixian
Level 4
mikesaparito
New Member
ydarb213
New Member
randob
Level 2