GGGGary554
Returning Member

State tax filing

So you're saying that the capital gains tax I paid at closing was, by New York's method of calculating tax due, an overpayment, and I'm due a refund of a portion of it?

That's the sticking point with me.  I calculated (using New York's formula) and paid the capital gain tax at the close of the land sale, and now it's looking like I didn't owe as much as they said I did.

Thanks