Sold two parcels of land, last year, in two different states and I am a resident of a third state. Both parcels sold at a loss. I was a resident of one of those states several years ago, but I haven't had to file taxes in that other state for several years - no other nexus but the land. Do I need to file a non-resident return in either or both states?
I identified each state for the land in Turbo Tax Premier, but that didn't trigger anything in Turbo Tax about filing in either of those non-resident states. I only received one 1099-S from a title company in one state; nothing from the other state.
For the state where you got the 1099-S you definitely have to file a return. If you don't file they don't know that you had a loss. They will assume that the full proceeds on the 1099-S are taxable gain. I would file in the other state, too, for the same reason, even though you didn't get a 1099-S. You have to file to establish the loss.