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Level 1
December 7, 2019
Solved

NYS REAL ESTATE SOLD BY A NON NYS RESIDENT. IS THIS TAXABLE BY NYS

  • December 7, 2019
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Best answer by sjrcpa

Yes. If also subject to tax in their state of residence, the resident state will allow a credit for tax paid to NY.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

Yes. If also subject to tax in their state of residence, the resident state will allow a credit for tax paid to NY.

The more I know the more I don’t know.
Level 7
December 7, 2019
Info wksht part XI is where you get to set that up