Form 8615 Line 9 Instructions

Forum|Forum|10 months ago
June 2, 2025
1 reply
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Hello,

For the 2024 tax year, I am trying to figure out why TurboTax used the Schedule D Tax Worksheet to calculate Line 9 on Form 8615 vs. the Qualified Dividends and Capital Gains Tax Worksheet.

My situation: Form 8615 Line 8 includes amounts from my (parent's) taxable income, which includes qualified dividends. Line 8 also includes amounts from my son's net unearned income, which also includes qualified dividends (via line 5, I presume). Based on how I interpret the Line 9 instructions, that means I should be using the Qualified Dividends and Capital Gains Tax Worksheet vs. what TurboTax used - the Schedule D Tax Worksheet.

(There is no Schedule J on my (parent's) tax return, and there is no 28% rate gain or unrecaptured section 1250 gain on any of our tax returns. There is also no Form 2555 filed on the child's return.)

Form 8615 lines 1 - 5 are as follows:

1) 2,954

2) 2,600

3) 354

4) 2,504

5) 354

Line 6 is my (parent's) taxable income from my Form 1040, line 15 which is inclusive of qualified dividends asuming I am interpreting correctly.

What am I missing?

Thank you!

TurboTax Home & Biz Windows

Mike9241

the Turbotax 8615 schedule D worksheet is the capital gains and qualified dividend worksheet. that same worksheet as in your return. scroll down to page 2 to see the aggregate calculation for line * on the 8615

RandlePinkAuthor

Thank you very much for your prompt reply. I looked at my completed Turbotax 8615 schedule D worksheet and reviewed page 2 per your guidance, but I noticed that it really is the "Schedule D Tax Worksheet" vs. the "Qualified Dividends and Capital Gains Tax Worksheet". The Schedule D Tax Worksheet in TurboTax has 47 lines, and each line matches the actual worksheet lines in the Schedule D Instructions (https://www.irs.gov/pub/irs-pdf/i1040sd.pdf - see pp. 16-17).

But the Qualified Dividends and Capital Gains Tax Worksheet is in the Form 1040 Instructions (https://www.irs.gov/pub/irs-pdf/i1040gi.pdf - see p. 36) and only has 25 total lines. So I am still confused as to why TurboTax used the Schedule D Tax Worksheet vs. the Qualified Dividends and Capital Gains Tax Worksheet, given my scenario. Any ideas?

Thank you for your help.