Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
guitar_chick911
New Member

If I sold a home in Oklahoma but live in Texas do I owe state taxes in Oklahoma? Lived in the home for 3 of the past 5 years but not during 2017.

 
1 Best answer

Accepted Solutions
HelenaC
New Member

If I sold a home in Oklahoma but live in Texas do I owe state taxes in Oklahoma? Lived in the home for 3 of the past 5 years but not during 2017.

If this was your personal residence and you didn't rent it or use it for business, you won't be charged federal or state income tax. For additional information, click on When would I have to file returns in more than one state?

However, if you receive form 1099-S, you will need to file an OK state income tax, showing you do not have a gain on your previous personal residence. https://ttlc.intuit.com/replies/3302480

View solution in original post

1 Reply
HelenaC
New Member

If I sold a home in Oklahoma but live in Texas do I owe state taxes in Oklahoma? Lived in the home for 3 of the past 5 years but not during 2017.

If this was your personal residence and you didn't rent it or use it for business, you won't be charged federal or state income tax. For additional information, click on When would I have to file returns in more than one state?

However, if you receive form 1099-S, you will need to file an OK state income tax, showing you do not have a gain on your previous personal residence. https://ttlc.intuit.com/replies/3302480

Dynamic AdsDynamic Ads
Privacy Settings
v