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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.
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March 28, 2023
12:25 PM
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