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April 3, 2025
Solved

Turbo tax says i need to fix my Oklahoma state return to reflect capital gains which did not occur there. I live in Texas. How do I fix this?

  • April 3, 2025
  • 2 replies
  • 0 views
form 561-NR asks for type of property sold but only choices are Oklahoma.
    Best answer by PaulaM

    The checkbox to indicate that your property does not qualify for exclusion of capital gain is on the Oklahoma return. You'll find it after the 'Adjustments to Income'. Your items maybe listed in a summary. Select 'edit' on each one to mark the box. @jmcknight2 

    2 replies

    April 3, 2025

    There is a checkbox to indicate that it is not Oklahoma capital gain property.  

     

     

    April 3, 2025

    Thanks, Mary. Is this box located on the Oklahoma return or federal?

    PaulaMAnswer
    Employee
    April 3, 2025

    The checkbox to indicate that your property does not qualify for exclusion of capital gain is on the Oklahoma return. You'll find it after the 'Adjustments to Income'. Your items maybe listed in a summary. Select 'edit' on each one to mark the box. @jmcknight2 

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