1099-B Capital Gains is being fully taxed for my Oregon Return

[jschimmer]

I spoke with the Oregon Deportment of Revenue and they said it shouldn't be taxed if the Federal isn't taxing it. It's money I have in my 401K and it's gains on sales and exchanges of stock last year.  I get taxed when I take the money out, so I will be double taxed on this income.  Any help would be appreciated.

[ThomasM125]

If you didn't take a distribution form your 401-K plan, there shouldn't be anything associated with your gain or losses listed on your federal or state tax return regarding it. When you take a distribution from a pension plan, it is reported on a form 1099-R. Nothing on that form would reference an investment sale or capital gain or loss.

You must have entered a form 1099-B or an investment sale in your federal program to generate a capital gain, but that would not be associated with a 401-K plan.

[jschimmer]

You were correct. Turns out the 1099-B was for Capital Gains on after tax money I have invested.  The federal government did not tax me because my annual income is less than $80k. But Oregon taxes it all.   Thanks for your help.