Oregon query. sold non exempt 2nd home. Do I re-enter profit in "additions to fed income" even tho already entered in fed taxes? which are ok.

1099 S reported as long term cap gain on fed. doesnt oregon info come from fed which said correct. do i add this again in oregon as addition to fed income?

200

Expert Alumni

Mar 28, 2022 12:53:36 PM

No, you do not need to add this again. The Oregon tax return begins with your federal adjusted gross income, which includes the capital gains from the sale of your home. You should not need to adjust this amount for the sale, unless you are excluding it because you were not a full-year resident and the sale is not taxable by Oregon.

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Oregon query. sold non exempt 2nd home. Do I re-enter profit in "additions to fed income" even tho already entered in fed taxes? which are ok.