GAD3
Returning Member

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