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Should I mark my personal stock capital gains as not taxable in my nonresident state taxes?

I live in WA, but have a rental property in PA. By default, TurboTax included capital gains from my personal stock portfolio into my nonresident PA state tax return. There is no connection between the rental property and my personal stock portfolio, and I did not live in PA at any point last year.

Should I mark all of the entries with "This sale is not taxable in PA"?
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Accepted Solutions

Should I mark my personal stock capital gains as not taxable in my nonresident state taxes?

yes. your problem may have occurred because after doing your federal you must do the non-resident state return before you do the resident state.  this is so you get the proper credit on your resident state return for income taxed by both states 

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3 Replies

Should I mark my personal stock capital gains as not taxable in my nonresident state taxes?

yes. your problem may have occurred because after doing your federal you must do the non-resident state return before you do the resident state.  this is so you get the proper credit on your resident state return for income taxed by both states 

Should I mark my personal stock capital gains as not taxable in my nonresident state taxes?

Is there an easy way to avoid this? Having to manually do this sucks.

Hal_Al
Level 15

Should I mark my personal stock capital gains as not taxable in my nonresident state taxes?

I'm not specifically familiar with the PA software.  But, the state software has some similarities for all states. In particular, the interview asks you to identify each piece of income as PA or not PA income.  You identify the rental income as PA income and the Capital gain as not PA. 

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