You'll need to sign in or create an account to connect with an expert.
It's taxed in both. While the royalties are not "California-sourced" income as such, California is allowed to tax all of your income because it is your resident state. You won't be able to remove the income from the California return. However, to limit the effect of double-taxation, you will receive a credit on your California return for the taxes you pay to Oklahoma on this same income. But the royalties will be included in California taxable income, because you live there.
It's taxed in both. While the royalties are not "California-sourced" income as such, California is allowed to tax all of your income because it is your resident state. You won't be able to remove the income from the California return. However, to limit the effect of double-taxation, you will receive a credit on your California return for the taxes you pay to Oklahoma on this same income. But the royalties will be included in California taxable income, because you live there.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
donutass50
New Member
monsterly
New Member
anon30
Level 3
Jam89
New Member
scotttiger
Level 4
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.