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Lot of Land sold in ID, Live in CA

csanchez
Level 4

Taxpayer sold lot of land (long term) in ID for a gain. Taxpayer lives in CA. Reported Sale of land on federal 8949. What about the states?

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sjrcpa
Level 15

Check again.

Idaho nonresident return instructions - Who Must File.

The more I know, the more I don't know.

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4 Comments 4
IRonMaN
Level 15

Sounds like you get to prepare a nonresident ID return and maybe generate a tax credit to use in CA.


Slava Ukraini!
PATAX
Level 15

You may want to check online the instructions for ID and CA... Should be on the Department of Revenue websites...

csanchez
Level 4

Yes I did check. Couldn't find anything.

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sjrcpa
Level 15

Check again.

Idaho nonresident return instructions - Who Must File.

The more I know, the more I don't know.