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Finster
New Member

They system added $10k under line 31270 Home buyers as "Amount claimed by another individual" federal credit. I did not enter this anywhere - what is it??

 
4 Replies

They system added $10k under line 31270 Home buyers as "Amount claimed by another individual" federal credit. I did not enter this anywhere - what is it??

Line 31270 Home buyers amount (aka first-time Home buyers tax credit) is a credit for people who have bought their first home. Did you or your spouse apply for this credit? 

 

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Finster
New Member

They system added $10k under line 31270 Home buyers as "Amount claimed by another individual" federal credit. I did not enter this anywhere - what is it??

No - I am doing my daughters Ttaxes - did not apply for anything. It doesn't seem to be making any difference to the bottom line I just don't understand why it shows up (on both daughter's taxes).  I checked no on all of the home stuff.  and this is what I got when the taxes were done. 

 turbo tax screen print.png

Finster
New Member

They system added $10k under line 31270 Home buyers as "Amount claimed by another individual" federal credit. I did not enter this anywhere - what is it??

Sorry - online version. 

They system added $10k under line 31270 Home buyers as "Amount claimed by another individual" federal credit. I did not enter this anywhere - what is it??

As long as she's not claiming the credit, then that number shouldn't matter.