I am filing a tax return for the 2nd state - but don't want to pay tax in both states for the sale of this property
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You don't remove the sale of the property from your resident state tax return. First, you report the sale federally and in your non-resident state. Pay taxes, if any, on the sale to the non-resident state. Your resident state will tax you on all your income, but give you a credit for taxes paid to the other state. You are not double-taxed.
You don't remove the sale of the property from your resident state tax return. First, you report the sale federally and in your non-resident state. Pay taxes, if any, on the sale to the non-resident state. Your resident state will tax you on all your income, but give you a credit for taxes paid to the other state. You are not double-taxed.
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