Problem in Massachusetts schedule B mini-worksheet
on May 10, 2021
Posted by: Raymond Lepetit
from lousy city in MA
Verified Purchase:Yes
You need to change MA state program which put U.S. sch D line 4 amount directly into MA sch B mini-worksheet short-term gains and losses line b Fed gain/losses. Before I could file, this field was flagged as ERROR. I zeroed out the worksheet entry. From Fed form 6781 I multiplied by .4 the total gain on line 2 and the total loss on line 2. I placed the 40% gain and 40% loss into MA worksheet line b under Total Gain and Total Loss columns. The program then computed the Federal Gain/Loss line b. The number was the same number that had been flagged in error, but it didn't pass, because the 40% gain and 40% loss were missing.
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