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brandone
New Member

TurboTax is incorrectly calculating "net capital gains" for the New Mexico Net Capital Gains Deduction

TurboTax is incorrectly calculating "net capital gains" by excluding short-term capital gains but the State of New Mexico says short term gains HAVE to be included, how to fix this?
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2 Replies
SusanY1
Expert Alumni

TurboTax is incorrectly calculating "net capital gains" for the New Mexico Net Capital Gains Deduction

New Mexico instructions tell us to include short term capital losses but not short term capital gains.  Are you seeing something different in your TurboTax? If so, can you provide a little more detail about what you're seeing, what you expect to see instead, and where so that we can better assist?

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brandone
New Member

TurboTax is incorrectly calculating "net capital gains" for the New Mexico Net Capital Gains Deduction

Disregard, I posted by accident.

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