CT NONRESIDENT FILING REQUIREMENTS

1.I AM A RESIDENT OF NY STATE AND WORK EXCLUSIVELY IN NY STATE. NY STATE IS MY DOMICILE

2. I DID MAINTAIN A SUMMER HOME IN CT WHICH I USED FOR 60-70 DAYS A YEAR.

3. I HAVE NO (NONE) INCOME FROM CT SOURCES.

4. IN CALENDAR YEAR 2023 I SOLD MY CT VACATION HOME RESULTING IN A NET LOSS.

5. PURCHASE PRICE IN 2015 = $872,000.

SALES PRICE IN 2023 = $794,000

6, DO I NEED TO FILE 2023 CT

15006

New Member

Sep 5, 2024 6:33:48 PM

https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-i-sold-a-2nd-home-in-another-state-do-i-need-to-file-income-taxes-for-that-state-and-what/00/326834

Technically you did not have income to tax in CT, BUT you will need that paper trail to show that for the sales record. It is reported to the state and they will try to recover what they can.

Level 15

Sep 5, 2024 7:42:08 PM

Technically you might not meet the filing requirements, but you should file. Connecticut will see a sale for $794,000. They don't know the purchase price. They don't know it was a loss unless you file a tax return showing the loss. They will assume that the entire $794,000 is profit, and will bill you for tax on that amount.

Why sign in to the Community?

CT NONRESIDENT FILING REQUIREMENTS