gong1feng
New Member

Massachusetts Long Term Capital Gain tax on Sale of out of Sate Property

I live in Massachusetts and I just sold my real estate property in California in 2020.  When I am working on TurboTax on Massachusetts, it transferred the capital gain from my federal tax over, which includes about $70k gain on the sale of that property.   The problem is, TurboTax won't allow me to edit that sale.  It provides an option to make adjustment for short term capital gains, but not for long term.  So does this mean I have to pay tax on the gain for selling a property out of state?   How do I remove it from the long term capital sale?

 

Thank you if you you help me out.

Austin