Out of state capital gain on rental property be report in my residency state?

[frugalsc]

My situation...

sold rental property in PA with a capital gain.

Wages from NJ and NY

Residency State = NY

It looks like I need to report the capital gain in my NY state tax return....true? 

Based on my responses on TurboTax, it doesn't look like I need to report this in my NJ tax return...true?

Do I need to file a PA tax return related to these capital gain?  I have never file a PA tax return but have paid my business taxes to the city of philadephia related to my rental property

Just want ask these questions to make sure NJ and/or PA doesn't come back to me a few years later with a hefty tax bill.

Thanks! 

[TomD8]

ALL your income, including your out of state capital gain, is reportable on your home state NY return.

A capital gain from the sale of property located in PA is taxable by PA (as well as by your home state of NY).  It is not taxable by your non-resident state of NJ.

In TurboTax, be sure to complete your non-resident state tax returns before you do your home state return.  You'll be able to take a credit on your NY return on taxes paid to a non-resident state on income that is also taxable by NY.  

[frugalsc]

Thanks!

I did my NY state taxes first, is turbo tax not smart enough to handle the order of my state taxes and won't care for the taxes I paid for my out of state returns?

@TomD8  

[Rick19744]

Tax software prepares returns based on the information you provide.  This is true for TT and even the top level software used by professional accounting firms.

Prepare the PA return first as you will need this information when preparing your NY return.

[TomD8]

@frugalsc --

The software has no way of "knowing" the amount of tax you paid to the non-resident state unless you've completed the non-resident state return.