I had other income in each state and will file taxes in each state.
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You have to do an allocation. So for example, if the business loss is $5K you have to try to determine how much is the first state and allocate reminder to 2nd state.
There is no formula to do this, you just have to use good judgment and sound logic.
You have to do an allocation. So for example, if the business loss is $5K you have to try to determine how much is the first state and allocate reminder to 2nd state.
There is no formula to do this, you just have to use good judgment and sound logic.
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