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neal4715
New Member

If I have a total Capital gain and losses amount, and I am filing a state return in two separate reciprocal states do I need to put the amount on both state forms?

it is on the 1099-DIV and the state of MI wants to know what the capital gains and losses are do I put the amount in IN or MI or if I put the amt in IN can I put "0" for MI do I only claim the Capital Gain and loss in one state or both?

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LeeM
New Member

If I have a total Capital gain and losses amount, and I am filing a state return in two separate reciprocal states do I need to put the amount on both state forms?

No, you would only enter that Capital Gain/Loss amount in the state return for the state you were living in when you made that gain/loss.

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1 Reply
LeeM
New Member

If I have a total Capital gain and losses amount, and I am filing a state return in two separate reciprocal states do I need to put the amount on both state forms?

No, you would only enter that Capital Gain/Loss amount in the state return for the state you were living in when you made that gain/loss.

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