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Get your taxes done using TurboTax
Hi! I have a similar question…I’m a California resident and sold a 2nd home in Hawaii with a profit about $300k. I also had stock losses of approximately $100k. Can this be used to offset the gain with the property in Hawaii? i filed on TurboTax using Hawaii state for 2nd state filing and it did take the loss to offset the gain but Hawaii is telling me I did not source the losses in Hawaii so I can’t use it. They are still holding my money from Harpta. So I now may need to amend it. I’m surprise if TurboTax would be wrong!
February 18, 2025
4:24 PM