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Do I file a California tax return to report a gain on a house sale under $250,000? I got form 1099-S and already filed the federal return, where I excluded the full gain.
I met all the conditions for the federal gain exclusion amount of $250,000. I ended up with zero taxable income on the federal return, as I had no other taxable income. I just need to know if a California return is required.
May 26, 2021
5:10 PM