No numbers are pulling onto the worksheet. I have S&L taxes being withheld from payroll.They were inputted with the W-2 info and are reflected as payments on the NYS return. The investment income is recorded in the dividend, interest and capital gain sections. They are properly reflected on form 8960 and are resulting in the tax however they are not reflected in the worksheet for the S&L deduction.
for limitations, S&L taxes were limited to 10,000. Actual amount of tax withheld was in excess of 10,000. Also the standard deduction is being taken.
What would you suggest as next steps?
thanks
