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Investors & landlords
Thanks @DianeW777. I'm interested for Oregon, Montana, and Missouri K-1s. I'm a California resident.
I still don't really understand how this is tracked at a state level then. If I have multiple K-1s that have income/losses from multiple states, then it seems that the federal numbers and state numbers would be quite different. For example, if I have a property in Montana, the income/losses should not affect my Oregon return, right? But it does affect the federal return.
‎April 16, 2025
1:59 PM