Investors & landlords

A couple of comments/ thoughts:

  • Based on your facts, you should be indicating that you were a nonresident of MD for 2021.
    • Did you indicate in TT that you were a nonresident?
  • As a nonresident, you should also be completing a form 505NR.  This form allows you to make adjustments to the MD return for items that are not attributable to MD when computing MD tax.
  • Also take a look at your form 505.  There are 3 columns there and your capital gain should be reported in column 3 if handled correctly.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.