Have you found that using "student" changes the calculation? Do you think there is a valid reason for this regarding the calculations? My impression is that what is in the occupation field should not have any bearing on the return.
Yes & any other forms related to unearned income go away when you do that. No kiddie tax, no amt. Just not sure if this is a glitch or intended by Lacerte?
I do not remember the logic, but it is intended by Lacerte. I think it has something to do with a student being eligible to be a dependent. Maybe @Intuit BettyJo knows why "student" is a killer occupation.
In terms of "kiddie tax" - I'd bet on student being the profession that generates the most tax.
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