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atease15
Returning Member

Are Capitol gain/losses automatically posted on state returns?

 
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AlanT
Expert Alumni

Are Capitol gain/losses automatically posted on state returns?

It depends on your state.  If your state requires you to pay capital gains taxes, the information you entered for your federal income tax return will automatically flow directly to your state return.  You do not need to re-enter this information on the state return.

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AlanT
Expert Alumni

Are Capitol gain/losses automatically posted on state returns?

It depends on your state.  If your state requires you to pay capital gains taxes, the information you entered for your federal income tax return will automatically flow directly to your state return.  You do not need to re-enter this information on the state return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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