How to remove capitol gain sales items from Oklahoma state return? Items in question do not apply to Oklahoma.

[hessjason]

i.e. I'm a Texas resident that sold some stock.  I only have to file an Oklahoma state return for the rental property I bought in 2021.  Nothing else applies to Oklahoma, but the state return won't efile.  Keeps trying to make me select 1 of 5 reasons why the capital gains items apply to Ok (they don't fit any of the criteria..just want to delete them from the state return.)

[AmyC]

Follow these steps:

1. When you enter the OK state program, you verify non-resident 
2. Then the program asks for income allocation.
3. It will ask about interest and dividends,
4. continue
5. Oklahoma income will show capital gains and asks for the OK amount, enter zero for capital gains.
6. Continue through entering adjustments.

[hessjason]

I understand (and did) all you said already.  The problem is it requires me to select 1 of 5 options from a drop down box.  The current selection is "<BLANK>" and that's unacceptable to the system.  The 5 options are all things like "sold property in OK".  Selecting any of the available option would make the line item taxable in OK.  I could select some bogus option and still keep it 0 dollars, but it's wrong.

[JulieS · Accepted solution]

The screen you are referring to is asking if you qualify for special treatment for your OK gains. Since they have nothing to do with Oklahoma, they don't qualify for the exclusion.

Leave the entire screen blank and select the check box at the bottom.

[lafarmer717]

OK, I have the same problem as the others on this topic.  after I select the does not qualify for Oklahoma exclusion box and the run Smart Check or Review, the software returns a message that there is an area that needs to be checked and displays a section of NR-561 where you are asked to select one of five choses regarding the Oklahoma property sold.  Fix the **bleep** software, that glitch was there last year.

[taronger2]

have same problem no Oklahoma capital gains. Yet, intuit forces me to enter out of state capital gains as in state capital gains even though i removed the check mark at bottom of screen. I will have no choice to process my Oklahoma return manually.

[J76]

Experiencing the same problem! Frustrating that Turbo Tax won’t fix this!

[AmyC]

For an OK non-resident return, you enter the OK portion to determine the taxable amounts. Please return to your OK state return and edit.

When go through the OK return, you list numbers only in the boxes with actual OK dollars. 

There are many screens to go through. 

Do not enter zeroes in boxes for OK income. Interest, dividends, capital gains, rental gain,  and so on. Only enter amounts that are OK taxable in those boxes.

@taronger2

@J76

Example of one screen

[Sundarg1]

Looks like there's no way to fix this problem. Don't know if it's the fault of some incompetent at turbotax or at the OK tax department. I'm just going to get the blank OK tax forms and fill it out by hand.

[AmyC]

It sounds like the best option is to Contact Us and let someone see your screen. This will either solve your problem or start an investigation.

@Sundarg1

[taronger2]

I overlooked the required intuit review questions about state capital gains and was able to print an Oklahoma State income tax report which I mailed via USPS ( I verified the data by redoing the calculations manually). The intuit required review questions would not have let me file electronically if I had wanted to do so.

two points of interest:

1) my screen did not offer the "does apply button" mentioned by intuit personnel.

2) I believe that my issue was caused by K1 entries in  boxes 9a, and 10 of the federal income tax.

[LoneJohnny5]

I have capital gains/losses with "various" as the purchase date. I check the box saying "This property does not qualify for exclusion." and click Continue. The program then requires me to enter a "Date acquired". WHY??? Seems to me when the gain/loss is irrelevant to OK, the date acquired shouldn't be included in my OK return. Please explain...

[RobertB4444]

'Various' is an acceptable date to enter as a date required.  

Tax forms often require that you enter irrelevant information that the taxing authorities use to prepare reports on untaxed income.

@LoneJohnny5 

[CindyAB]

Turbotax Expert:

Turbotax on the Okalhoma Return is asking for an "Acquisition Date"  it does not allow "Various" to be entered.  I am in the same boat other users are and cannot get past this point.  It states that Oklahoma requires a date, even though the exclude box is checked.  How can we eliminate turbotax from even bringing these capital gains over to the state return.  Is that possible?

[LoneJohnny5]

My "solution" was to enter a random date as the "acquisition date", given there's no impact on my taxes, and the gain wasn't for an OK corporation in the first place. TTax doesn't seem to object to this, so I consider it a "golden" solution.