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I sold a residential property in Florida for a gain. I am a resident of Michigan do I need to report the gain as taxable in Michigan
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I sold a residential property in Florida for a gain. I am a resident of Michigan do I need to report the gain as taxable in Michigan
Yes, as your resident state will tax you on your worldwide income, no matter where it is earned.
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I sold a residential property in Florida for a gain. I am a resident of Michigan do I need to report the gain as taxable in Michigan
Yes, as your resident state will tax you on your worldwide income, no matter where it is earned.
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