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Thanks for your response. However, the "In state municipal bonds" input section is empty on both the 2020 & 2021 screens as it should be but the software for 20...
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Vermont form IN-113, line 31a, is incorrectly showing non-Vermont municipal income. Is there a programing issue? The 2020 tax program handled this issue correct...
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Yes, I tested it and your explanation worked. Current year LT capital losses did offset the CG Dist. without an override. I'm all set, thank you.
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So if there was a 2020 LT capital loss instead of the carryover it would have netted automatically like 2019?
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In 2020, if I don't override, capital gains distributions get K-1'd to the beneficiary. In 2019, thecapital gains distributions never get K-1'd to the beneficia...
