JB4797
Returning Member

State tax filing

I am having this same issue. The amount that is transferred from short-term capital gains/(losses) from my federal Schedule D into my Massachusetts return is incorrect. There is no issue with the long-term amount, only the short-term amount. I called customer support and there appears to be a bug in the Turbo Tax software. When I looked through the worksheets, I can see that the software is double counting by including Line 1A column H in addition to the gross short-term loss amount, which results in Line 1A from schedule D being counted twice.

 

When will this be fixed? Had I not caught the bug, it would have resulted in my MA return being filed incorrectly. Also, if i already paid for the software on the online version, how can i clear/remove the MA return to try it again once this issue is fixed?