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grizz196
New Member

I live in VA and sold land in PA do I need to file in PA for the capital ganis. The land was not used for any purpose

The land was bought for retirement plans that didn't work out so we sold it.

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TomD8
Level 15

I live in VA and sold land in PA do I need to file in PA for the capital ganis. The land was not used for any purpose

Yes.  A capital gain on the sale of real estate located in Pennsylvania is taxable by the State of Pennsylvania.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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1 Reply
TomD8
Level 15

I live in VA and sold land in PA do I need to file in PA for the capital ganis. The land was not used for any purpose

Yes.  A capital gain on the sale of real estate located in Pennsylvania is taxable by the State of Pennsylvania.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.
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