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I have one rental property in another state but, with deductions, only had a loss on it. Do I still need to file a state return there if that is the only "income" relative to that state?
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I have one rental property in another state but, with deductions, only had a loss on it. Do I still need to file a state return there if that is the only "income" relative to that state?
State filing requirements are usually based on gross income, not net. So you will need to check the filing requirements for your state at your state tax agency's web site.
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I have one rental property in another state but, with deductions, only had a loss on it. Do I still need to file a state return there if that is the only "income" relative to that state?
State filing requirements are usually based on gross income, not net. So you will need to check the filing requirements for your state at your state tax agency's web site.
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