Thank you Hal_Al. What is EXTREMELY frustrating to me is that I spent half a day trying to figure this out. Why can't Turbo Tax simply say that? The IRS guidelines are very clear and simple about this. It is a big deal. (It makes a $7K difference in my refund when I consider both federal and state taxes). I'm getting more and more frustrated with Turbo Tax -- and I've been using it for about 30 years. What is especially aggravating is how poor a job it does with my state taxes -- I have to create separate spreadsheets on the side to account for state-specific items, DESPITE them being importable, and worse: despite the information being directly available from my prior year state return! (WTF?!?)
