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Sale of Florida Property vs Wisconsin resident

cas8161
Level 1

If you have a rental unit in Florida (where there is no state tax), and you sell it, 

do you report the income on your Wisconsin return? If not, where do you back off the capital gains

on the sale for Wisconsin

 

 

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3 Comments 3
Just-Lisa-Now-
Level 15
Level 15

If youre a WI resident you pay the taxes on the WI return.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Accountant-Man
Level 13

Does WI tax gains?

** I'm still a champion... of the world! Even without The Lounge.
IRonMaN
Level 15

The answer hasn't changed since Saturday - it's still taxable in WI.


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