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State tax filing
Arizona allows you to subtract a percentage of any net long-term capital gain included in a resident’s federal adjusted gross income (Arizona gross income for nonresidents) that is derived from assets acquired after December 31, 2011.
- Type investment sales in Search in the upper right
- Select Jump to investment sales
- Continue until you reach Review your Brokerage sales
- Click edit on each sale and see whether any were acquired after December 31, 2011 or you can check your brokerage statement.
- Copy down the gain or loss from each transaction and enter the total
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March 10, 2021
3:28 PM