PatriciaV
Expert Alumni

State tax filing

No, the income should be taxed on the California non-resident return only. You exclude that income from the Oklahoma return by reporting the sale was not in Oklahoma.

 

Does the Schedule K-1 indicate the type of property that was sold for a gain? It may not matter what type of property you choose, since the income wasn't sourced in Oklahoma. You may need to adjust the reported gain to zero in order to fully exclude the income from the OK return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post