Making Money in another state

Aterac14 · ‎April 11, 2021

Would a 1099B from a company located in CA State considered as making money in another state?

DavidD66 · ‎April 11, 2021

A 1099-B reports proceeds from broker transactions (sales of stocks, bonds, etc.). Having broker that is in a different state is not considered making money in another state. The gains or losses are tax items for the state where you reside at the time of the transaction.

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DavidD66 · ‎April 11, 2021

A 1099-B reports proceeds from broker transactions (sales of stocks, bonds, etc.). Having broker that is in a different state is not considered making money in another state. The gains or losses are tax items for the state where you reside at the time of the transaction.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Making Money in another state