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March 7, 2023
Question

I lived in 2 states in 2022, Turbo Tax is asking me for the Oklahoma portion of my capital gaines federal income of $189. What steps do I take to calculate this answer?

  • March 7, 2023
  • 1 reply
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1 reply

March 7, 2023

If you lived in Oklahoma part of the year, you can Allocate a portion of your Capital Gains Income on your Oklahoma return.  If you lived there 6 months, for example, allocate 50% to Oklahoma.

 

Here's more info on Allocating Income as a Part-Year Resident

 

@shanedarnold