Should a capital gain from sale of a Florida rental property (reported on a K1) be excluded from D.C. income for state tax return? If so, how is that adjustment made?
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1 Best answer
DDollar
Expert Alumni
Jun 5, 2019 11:14:27 PM
If you are a DC resident No. If you are a resident of D.C. then you have to report all of your income on your "state" tax return, regardless of where it was earned.
1 Replies
DDollar
Expert Alumni
Jun 5, 2019 11:14:27 PM
If you are a DC resident No. If you are a resident of D.C. then you have to report all of your income on your "state" tax return, regardless of where it was earned.