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I sold a property in GA, but am a non-resident. Federal return is complete, but TT transfers nothing to the GA return (no income earned). Do I make the sale my "income"?
I am a full time resident of another state and have been for years, so a complete non-resident of GA.
The property I owned there had been a rental for over 10 years (was my primary residence prior to that).
I have a "combined settlement statement" from the GA law firm that completed the sale, reported it to GA and also paid some taxes to the state.
Also, since this was a rental prior to sale, all the information on my federal return has profit/loss figured out in detail and reported. I am just not sure which form from Federal should be translated onto which section / form from the Georgia state return.
The property I owned there had been a rental for over 10 years (was my primary residence prior to that).
I have a "combined settlement statement" from the GA law firm that completed the sale, reported it to GA and also paid some taxes to the state.
Also, since this was a rental prior to sale, all the information on my federal return has profit/loss figured out in detail and reported. I am just not sure which form from Federal should be translated onto which section / form from the Georgia state return.
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‎February 22, 2023
9:41 PM