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State tax filing
@BrittanyS Agreed. I think what's confusing is that the full distribution is RECORDED in the federal return, but only the gain is included in federal taxable income (as best I can tell). Therefore the contribution basis, the part subject to recapture in VA, would need to be added in the Virginia return, or so it would appear to me. Would you agree?
March 22, 2023
7:03 PM