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We had a loss on our farm, however when it gets to the state return it doesn't show the negative number and subtract from mine & my wife's income?

Why is my Federal and State AGI different?
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1 Reply
LeticiaF1
Employee Tax Expert

We had a loss on our farm, however when it gets to the state return it doesn't show the negative number and subtract from mine & my wife's income?

Most of the time Federal and State AGI amounts are the same, but that is not always the case.  TurboTax transfers data from your federal return to your state return. Before you begin troubleshooting your state return, go back through your federal return and make sure everything is correct.

 

After you review your federal return, select the State Taxes tab and review the state section. Pay close attention to the information, especially if you have made changes to your federal return. There might be new sections that need to be completed. 


Troubleshooting common federal to state transfer issues


 

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