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February 16, 2024
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Nonresident Sale of Land in HI

  • February 16, 2024
  • 1 reply
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I reside in CA and in 2023 sold a small parcel of land that I inherited in HI years ago,  I entered the details of the sale under Investments in the Federal section of Turbotax, identifying the property as being located in HI.  I download the HI State Return from Turbotax for the purpose of filing a non-resident return.  I reviewed the HI State Return and although it transferred income from the Federal Return, it reflects $0 income as being attributable to HI.  I'm wondering whether this is a glitch in Turbotax??  Or despite the sale of land located in HI, the HI State Return is worded such that the sale of land in HI does not necessarily result in income attributable to HI. 

    Best answer by sokawa

    Please disregard this posting.  I understand that any capital gain from the sale of the HI land would typically be reflected as capital gain attributable to HI in the HI Return. However, because I had a net capital loss in my Federal Return (i.e., $0 capital gain), $0 capital gain was attributable to HI in the HI State Return.

    1 reply

    sokawaAuthorAnswer
    February 16, 2024

    Please disregard this posting.  I understand that any capital gain from the sale of the HI land would typically be reflected as capital gain attributable to HI in the HI Return. However, because I had a net capital loss in my Federal Return (i.e., $0 capital gain), $0 capital gain was attributable to HI in the HI State Return.