After keying in all my Federal and Arizona tax details then when running error check on my Arizona State tax, I get this exact error to correct message: "Cap Gain Wks: Column c - amount from federal Form 8949 for assets acquired after 2011 should be entered since there is a total amount in column a. If none, enter a zero in column c. " I checked my 8949 in TurboTax and it matches to the 1099-B .. none of my 4 cost basis are zero. I need help please.
You'll need to sign in or create an account to connect with an expert.
I got this resolved via the TurboTax help call line. Seems it's a small bug in TurboTax-- related to TurboTax's Federal portion on form 8949 for schedule D didn't accurately carry over the Long Term non covered and covered cost basis data to the Arizona 140 Capital gains worksheet which has columns a, b, and c. These 3 columns on the Arizona worksheet workout the non covered and covered securities acquired before and after 2011. Result: the warning message reported in my question above.
Resolution: Go into the Arizona forms section of TurboTax and find the capital gains worksheet. Manually key in the longterm noncovered cost basis number and it will then calculate the other two columns to the left (a and b). That should correct it. The Smart Check validation should now pass. TurboTax you may want to check this bug and fix it. Thanks for the support on the phone.
I got this resolved via the TurboTax help call line. Seems it's a small bug in TurboTax-- related to TurboTax's Federal portion on form 8949 for schedule D didn't accurately carry over the Long Term non covered and covered cost basis data to the Arizona 140 Capital gains worksheet which has columns a, b, and c. These 3 columns on the Arizona worksheet workout the non covered and covered securities acquired before and after 2011. Result: the warning message reported in my question above.
Resolution: Go into the Arizona forms section of TurboTax and find the capital gains worksheet. Manually key in the longterm noncovered cost basis number and it will then calculate the other two columns to the left (a and b). That should correct it. The Smart Check validation should now pass. TurboTax you may want to check this bug and fix it. Thanks for the support on the phone.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
imthetaxman1
Returning Member
liquidennis
New Member
rjs55
Returning Member
FitWit
Level 2
leebees22
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.