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June 4, 2019
Question

As an Illinois resident do I need to pay capital gains tax to Illinois for selling my rental property in Florida?

  • June 4, 2019
  • 1 reply
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1 reply

Employee
June 4, 2019

Yes.  As a resident of Illinois, ALL your income is taxable by Illinois, regardless of where it was earned.  

**Answers are correct to the best of my ability but do not constitute tax or legal advice.