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I moved from Maryland to Ohio. Before moving, I sold stock and had a net gain that was taxed in Maryland as income. Should I claim this as Double-Taxed Income in OH?
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June 6, 2019
10:49 AM
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June 06, 2019
10:49 AM
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I moved from Maryland to Ohio. Before moving, I sold stock and had a net gain that was taxed in Maryland as income. Should I claim this as Double-Taxed Income in OH?
No, if you sold the stock while you were a Maryland resident, you would pay the tax to Maryland only. You would not also include it as Ohio source income.
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June 6, 2019
10:49 AM
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I moved from Maryland to Ohio. Before moving, I sold stock and had a net gain that was taxed in Maryland as income. Should I claim this as Double-Taxed Income in OH?
No, if you sold the stock while you were a Maryland resident, you would pay the tax to Maryland only. You would not also include it as Ohio source income.
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June 6, 2019
10:49 AM
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I moved from Maryland to Ohio. Before moving, I sold stock and had a net gain that was taxed in Maryland as income. Should I claim this as Double-Taxed Income in OH?
My Ohio State return line "3. Ohio adjusted gross income" appears to be including the value of the stock sale (that occurred while I was a resident of MD). Line "2b. Deductions – Ohio Schedule A, line 35" is blank.
June 6, 2019
10:49 AM
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I moved from Maryland to Ohio. Before moving, I sold stock and had a net gain that was taxed in Maryland as income. Should I claim this as Double-Taxed Income in OH?
Go back to the Ohio return, Edit the Credits and Taxes, and you should be able to allocate the capital gains. Let me know if that does not work.
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June 6, 2019
10:49 AM
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I moved from Maryland to Ohio. Before moving, I sold stock and had a net gain that was taxed in Maryland as income. Should I claim this as Double-Taxed Income in OH?
I don't see a way to edit my income directly. The only section that seems relevant is "Personal, home and family credits-->Taxes on income in other states". When I click that, it brings me to the question about Double Taxed Income (my original question).
June 6, 2019
10:49 AM
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I moved from Maryland to Ohio. Before moving, I sold stock and had a net gain that was taxed in Maryland as income. Should I claim this as Double-Taxed Income in OH?
Click Done with credits and taxes at the bottom, it should be next
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June 6, 2019
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I moved from Maryland to Ohio. Before moving, I sold stock and had a net gain that was taxed in Maryland as income. Should I claim this as Double-Taxed Income in OH?
Found it. Now it makes sense. Thanks a million!
June 6, 2019
10:49 AM
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I moved from Maryland to Ohio. Before moving, I sold stock and had a net gain that was taxed in Maryland as income. Should I claim this as Double-Taxed Income in OH?
Actually, it seems it should be after the Income. You are welcome.
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June 6, 2019
10:49 AM
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