Thanks for the reply. I input my deduction as "Investment Interest Expenses" in the Tax Break section under "Deductions and Credit" for the Federal. I'm filing for California, and they do allow you to itemize your deductions on your state return if you use the federal standard deduction. When Turbotax generates the California return, it does not seem to transfer that deduction downhill even though it's much larger than the state standard deduction. Is there a way to manually force turbo tax to choose itemized deduction for the state return? Is there anything else I can check in my return that would prevent the deduction from being transferred downhill to the state return?
