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Level 2
posted Mar 25, 2025 5:52:19 PM

IL res but have LLC inc in WI. Did IL state return 1st, then WI1NPR. A chunk of cap gains allocated to WI but s/b all IL inc. Do I need to delete the states & do WI 1st?

(Why so few characters to post a question?)

0 3 960
3 Replies
Level 15
Mar 25, 2025 5:57:07 PM

The title or subject line is for a brief summary of your question.  You are supposed to put the full question with details in the bigger box below.

Level 2
Mar 25, 2025 6:04:37 PM

Thanks, I did find and re-entered my full question. 🙂

Expert Alumni
Mar 26, 2025 6:12:26 AM

You should generally do your nonresident state first so that any credit for taxes paid to the nonresident state can flow to the resident state.

 

When completing your WI return, you will need to indicate that zero of your capital gains are WI sourced.