topic Lived in 2 states. Downloaded 1099 info for federal return how do you split capital gains by date for 2 state returns automatically since pages of data ? in Retirement tax questions

Lived in 2 states. Downloaded 1099 info for federal return how do you split capital gains by date for 2 state returns automatically since pages of data ?

KevinB36 — Tue, 24 Mar 2020 18:05:53 GMT

Re: Lived in 2 states. Downloaded 1099 info for federal return how do you split capital gains by ...

DavidD66 — Tue, 24 Mar 2020 18:26:33 GMT

There are pages in each state's step-by-step where you allocate different types of income. You will make the adjustments for each state as you work through that state's return.

Re: Lived in 2 states. Downloaded 1099 info for federal return how do you split capital gains by ...

KevinB36 — Tue, 24 Mar 2020 18:47:04 GMT

thanks i see where to do that but have pages and pages of sales with loses and gains was trying to find a way to do it automatically similar to the download option on federal return. Otherwise doing it manually will be very labor intensive

Re: Lived in 2 states. Downloaded 1099 info for federal return how do you split capital gains by ...

GiseleD — Tue, 24 Mar 2020 23:30:37 GMT

Unfortunately, there is no way to do it automatically. The most common way is to allocate by date, however, your states may employ a different method. You will see the recommended methods when you work on your state returns. Your 1099-B should show you which transactions occurred on what date, and you can use that data to allocate.

@KevinB36