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EddyZ
New Member

I'm a Virginia resident. I sold a vacant lot in Florida and received a 1099-S. Do I need to file a tax return in Florida for capital gains?

 
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KarenJ
Intuit Alumni

I'm a Virginia resident. I sold a vacant lot in Florida and received a 1099-S. Do I need to file a tax return in Florida for capital gains?

Florida does not have an income tax.  So you only need to file a return in Virginia.

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1 Reply
KarenJ
Intuit Alumni

I'm a Virginia resident. I sold a vacant lot in Florida and received a 1099-S. Do I need to file a tax return in Florida for capital gains?

Florida does not have an income tax.  So you only need to file a return in Virginia.

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