@NCperson thank you again!
1) the real estate you are now renting is the home you were living in prior to moving to FL. Is that why there is no rental income for the part-year prior to moving?
Yes corrrect. I was living in that home prior to moving and rented it out once I moved. As a matter of fact, the rental income is actually a negative amount because TT calculated depreciation on that property.
2) on the capital gains.....is that stocks and bonds sales? or real estate sales? and if real-estate, in what state is the real estate located?
According to TT, the capital gains was calculated from my net long-term capital gain. It's from investments (dividends) and savings. I think I am going to have to include a portion of this as a VA resident in actuality. For 2024 only, the amount is considerably less.
