EDIT - it appears there are several issues TT has done incorrectly with this return as I went to the WI DOR site and researched each line item input myself.
I need to delete the return and enter manually. HOWEVER, since I already paid to review where I then found the TT system errors, it says I cannot delete it? So I tried to just delete the forms and it said deleted successfully - but they are still in there.
Between this and the broker statement import issue everyone has had this year, I will have to find another service going forward as I don't feel I can trust this system to be correct and I have to basically do it all myself anyway.
Thank you so much for the response!
This was very helpful in trying to figure out what the issue is with seeing the return.
Can you or tell me where I can confirm the following:
- on my 1099B broker statement, TT was only showing the place to click to exclude transactions from state returns transactions with adjustments included on form 8949. So I manually went in to the WI return entered as an adjustment the total ST losses (without adj's) from Federal Schedule D, line 1a. This finally gets my WI investment income to show up on the summary.
ADDED: This shows up on Schedule WD line 4. This does not seem correct as it shows as a 'gain', and references other forms that are not generated. But I don't see an option to eliminate this federal loss from the state return. If I enter it instead to Basis Difference, it adds it to line 6 and need schedule T, which the system did not generate. The WI DOR website says Do Not include the federal for nonresidents. There is no way to delete this.
Note: In prior years, all of my broker input was on form 8949. However with the changes this year TT made, it only shows those with adjustments. If they were all on line 1B, I'd be able to simply click to exclude them.
What Is this the correct place to do this since I cannot simply delete/exclude it?
- however, it still shows zero tax due because I have a loss on Schedule K-1. There is not an option to click to exclude from WI income.
I would assume this needs to be excluded somewhere.
I just tried under Misc - WI non-taxable income.
This makes the return show that I have income/loss on line 11, but subtracts it back out on line 29 and finally shows tax due!
Is this the correct way to remove the non-taxable for WI income?
The state gain is showing properly and the tax due. I'm just not clear how/where these federal income/loss and More so on the capital loss should be excluded from the WI return.
Thanks!
