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Do I have to pay Michigan tax on property sold overseas?
Hello!
I am Michigan resident. I sold a home in another country. Do I have to pay any Michigan taxes on it? Capital gains are above $100 000 and there is no federal tax liability because of foreign tax credit.
If yes, do I have to pay MI estimated tax? This is my first year in USA as permanent resident.
‎June 6, 2019
8:14 AM