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Level 2
April 9, 2024
Question

Allocating NR losses to Maryland state return

  • April 9, 2024
  • 1 reply
  • 12 views

Hello, a client resides in VA and has long term rentals in OH and MD. The client has losses form 2 properties in Maryland. When I run the MD state report, it is including all income and losses for the client, despite I filled the part 11 of information worksheet in federal page. It worked for OH state return perfectly, I didn't need to do anything more, but not with MD.

I was advised to fill the NR worksheet in MD, but it doesn't give anything matching to offset all income from this state return. 

Do you know, how I can allocate relevant losses to MD state return, I am so lost, don't know what else I can do 😞

Thank you all who will reply!

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1 reply

sjrcpa
Level 15
April 9, 2024

Are the losses allowable on the federal return?

The more I know the more I don’t know.
Level 2
April 9, 2024

Partially, there is another property with positive net profit, also long term from OH.

Net loss is (4K), there is nothin g else should be in MD, but it is taking all income from VA and other states.