Arizona State Return

Forum|Forum|4 years ago
March 9, 2022
1 reply
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TurboTax used all my Federal capital gains in the 140NR (Non-resident) for Arizona (lines 33-37) when the instructions for the form indicates they should only be "Arizona Sourced" capital gains. TurboTax did not ask any questions about "Arizona Sourced" capital gains when asking for information to fill out the Arizona return. Is that a problem with TurboTax for Arizona? What do have to do to get the proper data in the Arizona return?

AmyC

Level 15

When you enter the AZ return, it goes through several questions before landing on AZ income. It lists interest, dividends, gains, rents, etc and asks for the AZ amount. Please return to your AZ return and fill in the information as requested.

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klw200Author

Level 2

Amy C,

I when back to the screen you provided me and verified there is "0" in the capital gains column for Arizona, but the number from the federal return minus the SBI capital gain continues to show up in the Arizona 140NR on line 37. Later under "Capital Gain from Assets Acquired After 2011" TurboTax is telling me I have a net long-term capital gain that is the number on my federal return minus the SBI capital gain. It then asks me "Portion from Assets Acquired AFTER DECEMBER 31, 2011" to which I put the total number on my federal return because all of them were acquired after that date. IT DOES NOT ASK ANYTHING ABOUT ARIZONA PORTION. What I a seeing in the final AZ return is whatever number I put under "Portion from Assets Acquired AFTER DECEMBER 31, 2011" is the number that shows up in line 37 of the AZ return. It doesn't matter that that there is a "0" in the line you told me to input the AZ portion of capital gains. Am I doing something wrong?

DMarkM1

Level 15

When you are asked to put in portion of assets acquired after Dec 2011 only put in the AZ portion of assets acquired after Dec 2011. If none then enter zero.

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