jkttax
New Member

State tax filing

Yes. Everyone gets it - you can't sell something for negative dollars. Useless comment.

Apparently you didn't really try to figure it out. 

When I first called TurboTax I was assured by the man that "it must be a new rule for Alabama since TurboTax said so". I was skeptical - his response made no sense to me and told him - "I'll research this and if I find it is a TurboTax problem, I won't be surprised and that may impact my decision to use it in the future". 

What's really happening (for me at least) is that TurboTax was erroneously entering a negative amount in column (d) on Alabama's schedule D. THIS IS/WAS A TURBO TAX PROBLEM. My entry came about due to sales of contracts/straddles / Form 6781.

I called TurboTax back and they said, amazingly, that the problem had been fixed "5 days ago". Yet, my TurboTax said it was up to date. Even after de-installing and re-loading a new version (sent to me by the helpful ttax lady), My version still said it was up to date and still had the problem. I ultimately resorted to editing schedule D myself to fix the problem. Had to make stuff up, but result in the essential correct outcome. Not good.