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Hawaii state taxes on rental property income offset by a loss in another state
Hi--
On my federal return I have income from a hawaii rental property and a loss from another property rental from another state. So overall, there is $0 income on rental properties on my federal return. When I file my hawaii tax return, do I need to report the income from hawaii only (and not account for the offset?)
Thank you for the amazing community. I always receive insightful and timely responses!
March 27, 2025
3:57 PM