After inputting T3 slip information, including my 50% and therefore 50% spouse TurboTax does not calculate the 50/50 split on Schedule 3 nor Line 12700?
Try this workaround: enter 100% ownership at the top and then half of all values into boxes for each person. (I also only entered capital gains in box 53, using the same value as line 21, half the total, instead of dividing the time periods.).
Then the values for line 68140 on T936 were correct and agreed with Schedule 3 line 17600, and try to file.
We are aware of this issue, and our development team is working on a resolution. We appreciate your patience.
Manually splitting all T3's is an option I considered but not sure why I have to manually do anything in an $80 software package for Taxes???? Especially for a basic calculation in a core function.
@rsslack exactly!!! Manually splitting is too tedious, especially if you have several T3 slips. That’s why we bought this software in the first place. I think the development team consists of a man and his dog, and the dog is doing the QA. How else can you explain the glacial speed of releasing a fix for this? Terrible epic fail this year, TurboTax!
Yet another day has passed with no fix for this T3 splitting issue in the desktop version of TurboTax. What is taking so long for a seemingly simple math fix in the code? It’s unbelievable. I’m so frustrated with TurboTax. Give us an ETA.
@rsslack We can understand your frustration. We are aware of this issue, and our development team is working on a resolution. We are hoping this can be resolved quickly. Once it is resolved, we will update you in this thread. We appreciate your patience.
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