Form 8960

Forum|Forum|2 years ago
July 3, 2024
1 reply
41 views

Please tell me if you know how to make adjustments to Form 8960 line 5c. This is for a capital gain that is not subject to the net investment tax.

TurboTax Premier Online

Anonymous_

Level 15

If you have a desktop version of TurboTax, you can make the adjustment in Forms Mode.

jsanders56Author

Level 2

Thank you for your response. I am using the online version of TurboTax. Please let me know if anyone has a solution for changing Form 8960 line 5c when using the online version.

VolvoGirl

Level 15

I don't want to change to the desktop version as I have already paid for the online version. Let me know if anyone has any other ideas for making manual changes to either line 5b or 5c on Form 8960 using the online version.

If you paid for Online, support should be able to put the Desktop program in your account. Call in and ask nice.

If you do get the Desktop program.......First save the tax file from Online
https://ttlc.intuit.com/community/saving/help/how-do-i-save-my-turbotax-online-return-as-a-tax-data-file/00/25740

You need to install the program on your computer and move your online return to the Desktop program. How to switch…….
https://ttlc.intuit.com/community/choosing-a-product/help/how-do-i-switch-from-turbotax-online-to-the-turbotax-software/00/26129

After you get the program installed the first thing to do before you open your tax return .tax file is to update the program and install any state programs you had. Then open your file. So you first might need to start a fake return to be able to download the state program (go to FILE - NEW).