Thanks Coleen... I guess it's not that simple for me. LOL. Can you please answer my specific questions?
1) Should the questioned entry for Earned/Rec'd from CA Source be the same number as the Total Gain/Loss (blue block) if we indeed receive that full amount? Are they just asking if you actually received the full Gain or only part of it, so the taxes can be adjusted as needed?
2) Sorry. your reference to 'purchase price + closing costs contrasted to sales price' is confusing to me. If you are suggesting at how to arrive at the Total Gain, would that not be Gross Sales Price - Closing Costs/Fees - Basis = Net Gain? I mean, this is how TurboTax leads me through the Federal calculation which is then protracted into the State return.
