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State tax filing
According to the State of California, this document states If you are a nonresident and exchange real or tangible property located within California for real or tangible property located outside California, the realized gain or loss will be sourced to California. Taxation will not occur until the gain or loss is recognized.
According to this Turbo Tax article, you are taxed on all worldwide income so this sale is also taxable in oregon. Now when you report your State returns, you will prepare your California non-resident return and then your Oregon resident return. Since you are paying capital gains in both states, you are given credit for the capital gains tax in California reducing the taxable amount to zero, if you reported this correctly in both states.
So in answer to the question about capital gains, the full capital gain amount is reported in both states but California will give you a credit.
in reading the explanations given in the return, you would pick sale by sale if you didn't know the allocation amounts or you can choose allocation amounts. You can choose allocation amounts since the full capital gain is reported in both states.
As far as the various columns in Schedule CA Schedule NR, Line E should have an amount in Line 7, which should reflect the amount of the capital gain. Then if you look on line 58 of the 540 NR, you are given credit for the other state with a code 187. This is all contingent on the fact you reported everything correctly in the state interview portions of the program.
In the Schedule CA Schedule CR, you won't enter anything in Column B. I hope this helps.
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