Thank you! Does this mean for California Capital Loss Carryover and AMT I should enter $0?
Additionally, for my MO state return where we are given a credit for taxes paid to other states (CA), TurboTax’s software asks if we earned all our money in CA; to which I say no, and say only $30K of our $350K was earned there. Of that 350k total, 250 was earned by me and 100 by my spouse. When I review the tax form for MO to get credit for taxes paid to other state (CA), it is computing whatever percentage is used to calculate our tax credit based on the $30k against my $250k; not the $30k against her $100k earned. And I can’t find a way to correct this as I think it should be calculated as a percent to her income.
@Vanessa A Any help here would be hugely beneficial.
