Sold a second home in the state of VT and paid $13K to the state of VT as non-resident state tax. As a full time resident in NYS, will I owe NYS taxes in sale of this second home located in VT?
02669
1 Best answer
pk
Level 15
Jan 31, 2026 1:19:20 PM
@Pschery in general, your resident state taxes you on World income and will give you credit for taxes paid to another state. So this sale/ transaction will require filing in both states ( Non-Resident state and Resident State).
Does this make sense ?
2 Replies
pk
Level 15
Jan 31, 2026 1:19:20 PM
@Pschery in general, your resident state taxes you on World income and will give you credit for taxes paid to another state. So this sale/ transaction will require filing in both states ( Non-Resident state and Resident State).