I'm doing my daughter's taxes and have run across the 8615. If I go to the worksheet for that form on line 2b there is a 3,000 amount that will get deducted from line 1. I cannot figure out where this 3,000 dollars is coming from. She doesn't have 3,000 in earned income not included in line 2a as it states. She did have an inherited ira distribution last year but it too was not 3,000. Any thoughts out there??
You'll need to sign in or create an account to connect with an expert.
The amount on line 2b of the Form 8316 worksheet is the amount that you entered on the screen shown below (or you entered it directly on the worksheet in forms mode).
Hmm, now that 3,000 and the entire 8615D worksheet is gone. I opened the return fresh this morning. Not sure what's going on and certainly don't remember 3000 in additional earned income for my daughter. Oh well, it's gone now.....
Seems all fixed. Maybe I entered something I didn't realize. Oh well, it's good now.
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.
rc01ws
New Member
PAResident
New Member
user17724894562
New Member
pfgold
Returning Member
meljo31
New Member