State tax filing

Wisconsin allows a deduction for 30% of the net capital gain from assets held more than one year (60% of net capital gain on farm assets). 

You can make this adjustment in TurboTax Premier CD/Download:

1. Tap Forms in the top right
2. In the left column, tap Schedule WD
3. Enter you farmland capital gain on Schedule WD, Part 3, line 21. TurboTax will add another 30%.