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Deductions & credits
I just went back and looked at this years return where we transferred in 2020s information. See my first post. I went to the IRA Information Worksheet and found on Part II Line 7 Basis in Roth IRA conversions ... Spouse 192,320
Part V Line 39 Distributions from cumulative pre 2017 conversion... Spouse 15,000
Schedule CA(540) : California Adustments, Part II Adjustments to itemized deductions, Line 21 Other expenses - investment, safe deposit box etc. List type.... IRA .. 21 177,320
192,320 - 15,000 = 177,320 is where this deduction came from, and again we don't know why Turbo Tax is doing this.
Thanks again,
George
March 6, 2022
9:30 AM