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New Member
posted Feb 19, 2025 5:01:41 PM

What do you do if Turbo Tax imports capital gains from your federal return to your state return that should not be there?????

Turbo Tax has listed the sale of my stocks on the Oklahoma state form when they are not oklahome property

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2 Replies
Level 15
Feb 19, 2025 7:00:13 PM

If you live in Oklahoma you have to pay Oklahoma tax on all of your income, no matter where the income is from. And stocks don't have a physical location. You own them in the state that you live in.

 

New Member
Feb 21, 2025 3:49:12 PM

I am a non-resident of Oklahoma.  The stocks showing on the OK form are owned by me in TEXAS and should not be listed.  TurboTax is asking for information on each of them.  I finally found a way (since you can't see the actual form) to check a box indicating these were excluded for all except one of the stocks.

 

This is definitely a turbotax glitch and its frustrating.