Re: 2022 Turbo tax home & business edition
Schedule A (Form 8995-A) has a formatting error on line 10 (and likely on line 9 as well).
Example:
Line 7 - 0
Line 8 - 100,000
Line 9 - 0.00 (divide line 7 by line 8 - why is this showing a two position decimal, TT reports whole numbers
Line 10 - 1% (100% - line 9 or 100% - 0 = 100%) It should say 100%, not 1%
Line 11 - Applicable percentage is the correct 100% amount from Line 2
Line 10 should read 100% but instead shows 1% - Luckily the calculations for line 11 which is impacted by Line 10 results is correct, that's why I think it's a formatting issue. Actually it looks like line 9 was formatted for a percent when it should have been a whole number.