turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Do I need to file VA state taxes? I live in WA but sold gifted property in VA. There were no state taxes withheld and there was not a capital gain.

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
DanielV01
Expert Alumni

Do I need to file VA state taxes? I live in WA but sold gifted property in VA. There were no state taxes withheld and there was not a capital gain.

It depends.  Gifted property can always be a bit tricky because you need to figure out your basis.  But, if you have done this, and you have determined that there is no capital gain on the sale, there will not be a need to file a Virginia return, because there will not be any taxable income in Virginia.  You may choose to file, however, as Virginia does update their records periodically, but you are not required to do so.  Here is a VA website with more information:  https://www.tax.virginia.gov/who-must-file

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
DanielV01
Expert Alumni

Do I need to file VA state taxes? I live in WA but sold gifted property in VA. There were no state taxes withheld and there was not a capital gain.

It depends.  Gifted property can always be a bit tricky because you need to figure out your basis.  But, if you have done this, and you have determined that there is no capital gain on the sale, there will not be a need to file a Virginia return, because there will not be any taxable income in Virginia.  You may choose to file, however, as Virginia does update their records periodically, but you are not required to do so.  Here is a VA website with more information:  https://www.tax.virginia.gov/who-must-file

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies