msindc1
Level 5
03-16-2022
09:51 AM
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Folks:
Client had a rental property in a foreign state. She sold it mid-year. There was a loss for the year, so no income to report. The capital gain on the sale appears on the federal return and her home state return--but shouldn't it be on the foreign state return instead of her home state?
Micah
Client had a rental property in a foreign state. She sold it mid-year. There was a loss for the year, so no income to report. The capital gain on the sale appears on the federal return and her home state return--but shouldn't it be on the foreign state return instead of her home state?
Micah
Best Answer Click here
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