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February 17, 2023
Question

KS tax - Crop insurance included as state income?

  • February 17, 2023
  • 1 reply
  • 0 views

Full time resident of a different state.  Crop insurance on land owned in KS and leased to an operator.  Turbo tax is asking how much of the income is the Kansas Amount.  Thinking it should be included, yes?

 

I have a capital loss for the year - can that be claimed on the KS tax.  Thinking no?

 

Thanks! 

1 reply

February 19, 2023

The crop insurance is definitely Kansas income.  The capital loss can only be claimed for Kansas if it was Kansas property involved.