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State tax filing
Yes, if you have any capital gains or losses and you file an Oklahoma return, you have to provide details of the transaction, or indicate that is does not qualify for the exclusion. This is how to clear this message:
- Open your return and click on State, then Prepare State.
- Click Edit to the right of Oklahoma.
- Continue through the screens until you get to Summary of Oklahoma Capital Gains and Losses.
- Click Edit to the right of the first asset.
- Leave the screen Oklahoma Capital Asset Location And Type blank and check the box next to This property does not qualify for the exclusion.
- Click Back in the lower left corner.
- Repeat with all of the assets on the list.
- Click State Review to verify this error is cleared.
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March 27, 2023
6:22 AM