Question

Do I need to file CO return? I am AD military with TX residency. I purchased CO home and sold due to PCS move. I made 5k capital gains, under federal rules I'm exempt.

Forum|Forum|6 years ago
February 12, 2020
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TurboTax Premier Online

All of your military pay is only taxable in Texas; however, other outside activities like a side job in the community, or a wife having a job are taxable in the state they occur in. The purchase and sale of your home is an activity that will require you to file taxes in Colorado.

As a member of the military family, you can obtain 100% free access to tax consultants and financial counselors with military expertise. Contact Military OneSource anytime, 24/7 at 800-342-9647 to take advantage of this benefit.

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