- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
capital gains
I had some capital loss from stock sales last year. I also had some capital gain from a property sale. Can I use the loss from stock sales to offset the capital gain from property sales? I guess it is okay at the federal level. However, at the state level, how does it work? I sold my rental property in MO after I moved from MO to NJ. I guess that if the stock loss can be included in the state filing, it can offset the gain. For example, stock loss happened while I was in MO, I can use it to offset the gain from property sale. However, if the loss happened after I moved to NJ, it cannot be used to offset the gain in MO return. Am I correct?
Topics:
‎April 14, 2022
2:07 PM