Terry53029
Level 15
Level 15

@JeffCPA  I have done a client with same scenario as your client (Different state), and had no issues. I made a mock return using VA as non resident state, and still no issues. When doing VA the nonresident 763 computes the tax based on total income, and then uses a percent on VA taxable income to federal income to compute VA tax. In my mock return the total income was $378843. The taxable income for VA was $50000 (capital gain from sale of VA property) The form then calculates percent of total income to VA income of 13.2% (378843/50000) which is correct. form 763 then calculates VA taxable income of $45843, and a tax of $2378 which to me sounds reasonable and correct. I used the ProSeries Pro 2023 program. 

 

 

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