ErnieS0
Expert Alumni

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
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"