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Investors & landlords
During 2017, we lived in a state that does not have state-income tax. When we moved to a new state with state-income tax, we converted the home in the original state to a rental. On our federal return, we have a loss on the rental property. Now TurboTax is asking how much of that loss to allocate to our new state.
‎June 6, 2019
9:37 AM