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Deductions & credits
Hi John,
I'm using Premier Desktop on my iMac.
In Turbo Tax click on Federal Forms. On the left I go to the form "Misc Dedns". On line 23 there is a number in the box. Which there shouldn't be. I first click on the box to and it becomes outlined in black. Then look up at the header and there is a "Tax Data" icon. I click on that and another window opens with the title "My Tax Data". In the box are listed Form 1040: Individual forms. All the forms are open, listing line items for each. Clicking on the arrows on the left I close them until I get to "Misc Dedns". There are 12 line items listed, all indicating "Transfer" as a "Type". Line 23 is not listed.
The number on Line 23 is used as a deduction on my California taxes, Schedule CA - California Adjustments - Residents (CA 540), Line 21, "Other expenses - investment, safe deposit box, etc. List type ____IRA________ 177,320.
As stated, I don't know where this number came from, and Turbo Tax does not lead me to a source.
Hope this helps.
George