topic Oregon non-resident in Get your taxes done using TurboTax

Oregon non-resident

bmshah1 — Sun, 02 Mar 2025 02:52:47 GMT

I work in OR but live in WA. I also have a rental property in OR. My rental property showed a net profit for 2024. I have two questions.

1. TT shows a Federal value of 7982 in the image below. How is the federal value calculated by TT?

2. I am trying to figure out how to determine the difference in passive activity loss for Oregon in the attached image. Should I just enter the Federal value or the net income from my rental in OR.

Re: Oregon non-resident

IsabellaG — Wed, 05 Mar 2025 00:52:19 GMT

Can you clarify? You said your rental property showed a net profit for 2024, so there would be no passive loss. That Federal value is not the same figure as your net profit?

Re: Oregon non-resident

bmshah1 — Wed, 05 Mar 2025 19:06:22 GMT

@IsabellaG the federal value is not the same as my net profit from the rental. I'm guessing that is because I also work in OR. My paycheck has a OR tax withholding.

Re: Oregon non-resident

AmyC — Wed, 05 Mar 2025 19:49:03 GMT

1. The program takes all passive loss - you may have sold stocks at a loss or some other passive activity.

2. Enter zero since none of the passive loss came from OR.