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March 3, 2023
Question

I don't see my capital gains in my state taxes. Didn't turbo tax transfer it?

  • March 3, 2023
  • 1 reply
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Michigan taxes

1 reply

March 3, 2023

Yes, TurboTax will have transferred any capital gains included on your federal tax return.

Line 10 of Form MI-1040, Individual Income Tax Return, reflects your federal adjusted gross income from your U.S. Form 1040, which includes the capital gains income included on your federal return.

However, adjustments to your state return may be made on Form MI-1040D, Adjustment of Capital Gains and Losses, available in the link above.