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Does TT state (Rhode Island) handle the special NR tax on selling a summer home?
We don't have any income in Rhode Island so don't file a state return there. But the state has a special tax on non-residents who sell a property, which we did in 2023. The form we got from the RI tax board wants to know our Federal AGI (like they want to tax us based on that).
Will the TT state return for RI handle that special tax? It should be simply 6% of the gain, nothing else (as I understand it).
‎February 11, 2024
10:10 AM