And yes, the Ohio figure was 'zero'. The Line 3 entry on the Ohio BUS form DID NOT translate into a further reduction on my Ohio taxes, and frankly, that was what I expected. I still can't explain the difference on the numbers between the Ohio K1 and the Federal K1, but ultimately, the difference was $2 (the Federal Schedule D came up with a deduction of $1500 on the Federal 1040 form). In reality, the Federal K1 form gave me a $1500 tax deduction for the current tax year, and there are Carry-Forward Tax Worksheets that show a carry-forward into 2023. The Federal deduction then lowered my AGI that was carried into the Ohio IT-1040, so in effect, my income for Ohio was reduced by $1500. I think the OHIO BUS form was just designed to tax a "Business Profit", not another tax deduction that was already carried forward into my Ohio return.
In any event, Turbo Tax is still showing an error free Ohio return with the Line 3 entry on the Ohio IT BUS form that came from the Federal Schedule D Form courtesy of the "Federal K1" form. What a tangled mess for someone who takes a standard deduction! Thanks for the help!
