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Level 1
June 24, 2020
Question

Where do I report the taxes paid at the sale of a rental property in a non-resident state

  • June 24, 2020
  • 2 replies
  • 23 views
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2 replies

abctax55
Level 15
June 24, 2020

Are you really asking where to enter the state taxes via closing upon the sale of property?

OR, are you asking how to handle a credit for double taxed income for a resident & non-resident state?

NMI - like perhaps the actual states involved?

HumanKind... Be Both
George4Tacks
Level 15
June 25, 2020

Add the non resident state to the return and code the sale to that state https://proconnect.intuit.com/community/state-taxes/help/adding-or-deleting-a-state-return-in-lacerte/00/3583

Lacerte generally does a good job with state tax credits for taxes paid to another state.

 

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