KathrynG3
Expert Alumni

Retirement tax questions

It depends on the rest of the entries why this information is populating. 

 

You can see an explanation in TurboTax CD/Download by right-clicking in the cell. At the bottom of the pop-up window, is an "About" option. The details below are from this source.

 

Section 16 Box j, subsection 2 guidance states: 

Enter the amount of federal modified taxable income from your manually prepared Form MI-1045, Application for Michigan Net Operating Loss Refund, Part 3 and be sure to attach Form MI-1045, Application for Michigan Net Operating Loss Refund to your return.

 

Subsection 1 guidance states:

This amount transfers from the federal return (as a positive amount). If you have a net operating loss deduction, you must manually complete Form MI-1045, Application for Michigan Net Operating Loss Refund and figure the federal modified taxable income (FMTI). Enter the FMTI amount on line 16j(2).

 

If this section truly does not apply to you, I recommend running through the Federal and Michigan interviews, particularly if details were imported, to verify there are no extraneous entries. There could be an unnecessary -0- that was pulled in that should be deleted. If the cell does not apply, it should be blank. 

 

@beckypostma