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Why is my VA taxable income way off (e.g. "your VA taxable income is -$195,761)

Forum|Forum|5 years ago
April 29, 2021
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Hi,

Trying to complete Fed and state (Virginia) using Home and Business edition.

Fed looks fine, but when I go to complete VA, it says my taxable income is -$195,761). This is on a federal return that has about 25k in Social Security income, and about $16k from a home business. Have filed for this business several in a row. When I click on the details is says "Virginia itemized deductions is -$175,961.00 " and I can't figure out where in the world it is getting this number.

Please help!!!!!

TurboTax Home & Biz Windows

Best answer by SweetieJean

Check your data entry for the business deductions. You may have typed a comma somewhere instead of a decimal.

S

SweetieJeanAnswer

Employee

Check your data entry for the business deductions. You may have typed a comma somewhere instead of a decimal.

R

rlwremo42Author

Thanks.

Not seeing anything that looks off. I would think that would come up showing a HUGE loss in a business somewhere, but the #'s look right. very strange.