I sold vacant land in Pa this year but I live in North Carolina. Do I need to file a nonresident state return in PA?

[DS30 · Accepted solution]

Yes you will need to file a PA nonresident state income tax return to report this capital asset sale of PA located property (even if you had a capital loss on the sale).

According to the PA Department of Revenue, if you are a PA resident, nonresident or a part-year PA resident, you must file a  PA tax return if:

• You received total PA gross taxable income in excess of $33, even if no tax is due with your PA return; and/or
• You incurred a loss from any transaction as an individual, sole proprietor, partner in a partnership or PA S corporation shareholder.

If you have to pay any PA state income taxes on the capital asset sale, you will get a tax credit in NC (since you will also need to report this sale on your home state income tax return).

Just follow the TurboTax guide when working on your states (remembering to do your nonresident state return first) and TurboTax will do all the calculations and credits to your resident states return

Here is additional information about filing in multiple states (select "see more answer" to view the entire attachment)

https://ttlc.intuit.com/replies/3300797