Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
EZTarget
Level 3

TTax2016 Deluxe Windows. California Schedule D-1 Line 28b does NOT autofill with lesser of line 27 or line28a. I MUST use the OVER RIDE function to fill Line 28b. FIX!!

The equivalent lines (28b, 28a) in equivalent Federal Form 4797 DO function correctly. Please FIX CA Sched D-1 Line 28b.  That value is needed in Sched D-1 Lines 34, 13, 17, 18b. Since D-1 Line 28b must be overridden, TTax error check flags the override.

3 Replies
TerryA
Level 7

TTax2016 Deluxe Windows. California Schedule D-1 Line 28b does NOT autofill with lesser of line 27 or line28a. I MUST use the OVER RIDE function to fill Line 28b. FIX!!

Is the gain from an installment sale? If so, then the amounts in that section are coming from Form 3805E and the corresponding Asset Entry Worksheet and won't necessarily conform to the "arithmetic" line 28b suggests. Try tracing the amounts back to the AEW.
EZTarget
Level 3

TTax2016 Deluxe Windows. California Schedule D-1 Line 28b does NOT autofill with lesser of line 27 or line28a. I MUST use the OVER RIDE function to fill Line 28b. FIX!!

TTax Terry- I verified that ALL Asset Entry Worksheets show that all such assets are disposed (and the Regular tax and AMT Depreciation Reports show all assets with Code= S  (sold).  So I still contend that Line 28b on CA Schedule D-1 is erroneous. I have to use the Over Ride function to put the proper value on Line 28b (in my case, Line 28a is less than Line 27 so my Line 28b should equal Line 28a).  That Ocer Ride is required to force Sched D-1 Line 28b the be same as federal Form 4797 Line 28b.
EZTarget
Level 3

TTax2016 Deluxe Windows. California Schedule D-1 Line 28b does NOT autofill with lesser of line 27 or line28a. I MUST use the OVER RIDE function to fill Line 28b. FIX!!

@ TTax Terry- I forgot in my response above to state this is NOT an installment sale.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.63m
Discussions

Manage cookies
v