Why Isn't Sale of Investment Property in Other State Showing in that State Return?

[msindc1]

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

[George4Tacks]

You need to be sure the indicators for state on the sale are all tied to the foreign state. It should then show up on foreign state and resident state. 

More info on how you made the entries and for which type of entity will help if this answer is not sufficient. 

[msindc1 · Accepted solution]

Thanks for your response.

I should have been clear:  I entered the sale in Screen 22 (Depreciation).  I did make sure that all entries associated with the income/expense and the sale of the property have the foreign state tagged.  In fact, I'm going to double chec--- uh, oops.  All entries EXCEPT the one key entry (income from sale) had the foreign state.  Sigh.

Sorry--and thanks!

M.

[msindc1]

Oy.  And I just accidentally marked MY response instead of George's as the solution!