SusanY1
Expert Alumni

State tax filing

The Wisconsin Line 10 should only have a number if you have capital gains that are treated differently for tax purposes under Wisconsin rules. Your federal dividends and capital gains do not independently have an effect on Line 10 of your Form 1. 

 

There will be an entry on line 10 of Form 1 if you had capital loss carryovers that only apply to your state income, or you sold an asset that has a different tax basis for state purposes than for federal purposes (this typically applies to the sale of business property and not marketable securities.)  You could also have an entry here if you sold an asset for a gain that isn't taxable under Wisconsin law.  

 

If you have not yet completed the section in the step-by-step interface related to the Wisconsin capital gains adjustments, TurboTax will not populate Schedule WD.  If you enter information directly into the worksheet or on the form Schedule WD, TurboTax will take that information into account when calculating. 

 

Have you yet tried running the Review found by clicking on the Review tab?  Sometimes entries the program will allow you to make that are not consistent with other data will be detected here.  

 

 

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