DawnC
Expert Alumni

State tax filing

Maybe.  Did the sale generate a taxable gain on your federal and/or NC returns?    PA Nonresidents are subject to tax only on income from Pennsylvania sources

 

Since nonresidents of PA are only taxed on their Pennsylvania-source income, only transactions displaying net gains and losses on tangible property located within Pennsylvania are required to be reported on PA Schedule D.  Any gain reported on a PA-20S/PA-65 Schedule NRK-1 should be and is presumed to be Pennsylvania-source income.

 

If the sale did result in a gain, and you are therefore required to file a nonresident PA return - complete the PA return first so that any tax you may owe to PA gets credited on your NC resident return.   How to file a nonresident return

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