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South Carolina taxes hose sales as capital gains. Where do I enter that information?

Turbo tax is not letting me enter the information
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3 Replies
MaryK4
Employee Tax Expert

South Carolina taxes hose sales as capital gains. Where do I enter that information?

Can you clarify what a hose sale is?  @timerb21835

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South Carolina taxes hose sales as capital gains. Where do I enter that information?

Typo.  House sale

MaryK4
Employee Tax Expert

South Carolina taxes hose sales as capital gains. Where do I enter that information?

Unfortunately, there is no provision in South Carolina like Section 121 for primary residences, which excludes gain on the sale. When you sell a property in South Carolina that you have lived in, you should expect to pay tax based on how much it has increased in value.

 

TurboTax currently does not support reporting this income on the South Carolina tax return.

 

@timerb21835

 

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