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sabrel9921
February 17, 2025
Question

I sold stocks and my Oklahoma form 561 is insisting that I enter the type of property sold, however none of the options are what I sold. What do I do?

  • February 17, 2025
  • 1 reply
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    1 reply

    M
    MAK70
    February 18, 2025

    There is a box that you can use to exclude the entries.  Oklahoma excludes income from capital gains that can be sourced to Oklahoma.  Unfortunately, TurboTax brings all capital gains from the federal return and requires each one to be excluded, which is time consuming (it seems it would be easier to indicate which ones do qualify).

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