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April 10, 2024
Question

state taxed in 2 states

  • April 10, 2024
  • 1 reply
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If I lived in NC in 2023 and I sold a mobile home in CA in April 2023 (not my primary home) do I need to file state taxed in both CA and NC?

    1 reply

    April 10, 2024

    Yes.  If you sold a home in CA, it would be considered CA source income.  You would file the CA nonresident return first and then take a credit on your resident NC return.

     

    In general, your home state will tax all in come from all sources.  What you will do is you will file a nonresident return for the states that you do not reside in, but you visit for work and earn money in.  When you file, you will fille out your nonresident states first.  Then you will fill out your resident state, claiming a credit for taxes paid to the nonresident states on your home state return.  You may or may not still end up owing money to your resident state depending on whether or not their tax rate is higher or lower than your nonresident state.  If the non resident state had a higher tax rate than your resident state, your credit will be limited to the amount of tax you would have paid to your resident state.  They will not give you a refund of the taxes you paid to the nonresident state. 

     

     

    Multiple States

    File Non Resident State Return

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