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Level 1
posted Apr 2, 2023 10:03:34 AM

Schedule of Gains and Losses: Ownership boc must be checked

I used TurboTax to complete the 1040 Federal without a problem on capital gains and losses.   Doing my PA-40 (Pennsylvania), which has the same set of capital gains and losses, I am stuck.  I have every box checked, filled out with Taxpayer, Spouse or Joint.  But it keeps looping me through this edit saying "Schedule of Gains and Losses: Ownership box must be checked."  Why does it do this?  How can I get past this?

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1 Replies
Expert Alumni
Apr 3, 2023 9:08:02 AM

On Pennsylvania Schedule D, Pennsylvania does not allow the loss reported by one spouse to reduce the other spouse's gain.

 

 

Are you reporting a Schedule D for both the taxpayer and the spouse?

 

@GerryMiller