Skip to main content
Level 2
April 18, 2022
Solved

Capital Gain Paid to Non-Resident State

  • April 18, 2022
  • 1 reply
  • 17 views

Georgia resident sells rental property in Michigan which is capital gain on the Fed 1040.

Are they required to file a State of Michigan return and pay capital gains tax to Michigan? 

This topic has been closed for replies.
Best answer by sjrcpa

Yes. They'll get a credit for tax paid to Michigan on their GA return.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
April 18, 2022

Yes. They'll get a credit for tax paid to Michigan on their GA return.

The more I know the more I don’t know.