Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Jun 6, 2019 12:12:00 AM

Are Capitol gain/losses automatically posted on state returns?

0 1 381
1 Best answer
Expert Alumni
Jun 6, 2019 12:12:02 AM

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.

1 Replies
Expert Alumni
Jun 6, 2019 12:12:02 AM

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.