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To: JHR who wrote (20148)4/23/1998 11:05:00 PM
From: Nosmo King48  Read Replies (1) | Respond to of 95453
 
***OT*** Re TaxCut and Sch D

JHR -
You are right there is a problem! My Sch D line 15 on the traditional form showed up on the PC1040 form as line 14. I'm not certain but I think all my 28% gains were just transposed to loses! No wonder the IRS sent you a larger refund than expected.

TaxCut is aware of the problem. Use the link below to go their update site and download a patch. After installing the patch my PC1040 looked correct.

THANKS for pointing this problem out. There are probably many, many returns with the same error.

Now what am I going to do about the IRS?

Mike

taxcut.com