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Get your taxes done using TurboTax
Sorry, you are correct in that it does seem to be a gap across the board that TurboTax is not properly handling accrued market discounts in state forms. I was able to fix it in my CA return because there is an Interest and Dividend Adjustments Worksheet for CA. In Line 12 of that worksheet, you can add adjustments in free-form, so I made one for the accrued market discount.
‎February 22, 2025
8:51 AM