Payment of Capital Gains for State

[brianjdombrowski]

My wife recently sold some foreign property she owned with her sister. She is a permanent resident and lives in the state of Michigan with me. Does she have to pay capital gains taxes for the state of Michigan on this property  she sold overseas?

[NCperson]

@brianjdombrowski in Michigan, it is all taxed as ordinary income; there is not a differentiated tax rate called "capital gains".