Deductions & credits

The issue is that my stock sales from my federal return are being carried over to Oklahoma Form 561. However, these stock sales are not related to Oklahoma-based property or assets. The stocks I sold are not shares of an Oklahoma corporation, so they should qualify for exclusion.

TurboTax instructs me to check the box in the “*” column if the gain or loss qualifies for exclusion. After I check the box during the review process, TurboTax generates an error stating: “Type of property must be selected.”

The only available options are:

1. Stock in an Oklahoma corporation

2. Interest in an Oklahoma LLC or Partnership

3. Real property located in Oklahoma

4. Tangible personal property located in Oklahoma

5. Intangible personal property as part of an Oklahoma sale

None of these categories apply to my stock sales, since they are not connected to Oklahoma property or entities.