TurboTax Deluxe BUG! Educational Tax Credit (form 8863)

Feb 27, 2007 0 Replies

This is a warning!



As of t9day (2/26/07) there is a bug in Turbotax handeling of the Educational CRedit on form 8863. On line 6 of that form, 6a has a multiplicatioon factor of



40% and 6b has a multiplactiaon factor of 20%. The 40% factor is intended to be applied for anyone who was imacted by Katrina, and the 20% facior by anyone else. The system appears to apply the 40% factor REGARDLESS

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