I had to report 1099B stock gains/losses for federal. For PA, the TurboTax box was checked "This sale is NOT taxable in PA." For PA, do I have to report it or not?

posted

Connect with an expert

5 Replies

I had to report 1099B stock gains/losses for federal. For PA, the TurboTax box was checked "This sale is NOT taxable in PA." For PA, do I have to report it or not?

What is your state of residency? Was the sale a stock investment or something else?

I had to report 1099B stock gains/losses for federal. For PA, the TurboTax box was checked "This sale is NOT taxable in PA." For PA, do I have to report it or not?

Pennsylvania - Stock Sales

I had to report 1099B stock gains/losses for federal. For PA, the TurboTax box was checked "This sale is NOT taxable in PA." For PA, do I have to report it or not?

I live in Pennsylvania and the sale was for stock.

I had to report 1099B stock gains/losses for federal. For PA, the TurboTax box was checked "This sale is NOT taxable in PA." For PA, do I have to report it or not?

I am confused since Turbo Tax Home & Business has checked off the box "Not taxable for Pennsylvania" yet I think it is probably taxable for Pennsylvania. Does anyone have advice on whether or not I should show the gain for stock sales on my Pennsylvania return???

I had to report 1099B stock gains/losses for federal. For PA, the TurboTax box was checked "This sale is NOT taxable in PA." For PA, do I have to report it or not?

The sale of a stock is reportable and taxable on a resident PA income tax return. No idea why it would have been marked as non-taxable. for a resident.

Still have questions?