What does TT mean by "disposition" of property? Only applies if I sold (ie disposed) of it, or how I managed it?

Forum|Forum|1 year ago
March 31, 2025
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Working on a state (MN) return. TT says I have a "federal net investment income tax" (unhelpful that TT does not provide a link to its calculation of my federal return to see what it is referring to). It then asks about "Total investment income related to the disposition of property located in Minnesota". I still own the property, I did not dispose of it. Or does "disposition" here mean any income I derived from it (ie rental income)?

RobertB4444

No. Disposition means disposal - whether you sold it, gave it away or abandoned it. The system thinks that you disposed of the property. You need to go back through the questions and figure out why.

@danielkbalzer

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