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OK Form 561 Exclusion not working

Futch2010
Level 3

Have client that lives in OK but sold home in GA.  I need to exclude the sale from OK income but allow the income for GA as client doesn't qualify for the federal exclusion exemption.  ProSeries says to check the box with the "*" to exclude the gain or loss and when I do, the income still indicates the sale of the home to be included.  I can manually exclude the income on Form 511 with the Out-of-State Income Smart Worksheet however the system should be calculating this.  Any help would be greatly appreciated.

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2 Comments 2
Just-Lisa-Now-
Level 15
Level 15

OK is going to tax ALL income, since theyre an OK resident. 

OK should give credit for taxes paid to GA so the income isnt double taxed.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Futch2010
Level 3

Where does the OK credit occur?  I thought it was on Form 561.  When I take out gain from the OK Out-of-State Income Smart worksheet and check the box as to Exclude that gain on Form 561, the amount due to OK changes by $700 and I don't see where the amount of gain is excluded anywhere.  Is there something I'm missing?  

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