File a non-resident return in NY. The income will be taxable to your home state. http://www.revenue.state.il.us/TaxForms/IncmCurrentYear/Individual/IL-1040-Instr.pdf NYYou must file Form IT-203 if you:were not a resident of New York State and received income during the tax year from New York State sources, or moved into or out of New York State during the tax year.You are subject to New York State income tax on:income you received from New York sources while you were a nonresidentall income you received while you were a New York State resident https://www.tax.ny.gov/pit/ads/it203_information.htm

Solved

If I am a full time resident of Illinois and I sell land in new York and obtain a long term cap gain how do I pay tax in ny and how do I adjust the tax in Illinois?

Forum|Forum|7 years ago
June 6, 2019
1 reply
0 views

No text available

TurboTax Premier Windows

Best answer by Coleen3

File a non-resident return in NY. The income will be taxable to your home state. http://www.revenue.state.il.us/TaxForms/IncmCurrentYear/Individual/IL-1040-Instr.pdf

NY

You must file Form IT-203 if you:

were not a resident of New York State and received income during the tax year from New York State sources, or
moved into or out of New York State during the tax year.

You are subject to New York State income tax on:

income you received from New York sources while you were a nonresident
all income you received while you were a New York State resident

https://www.tax.ny.gov/pit/ads/it203_information.htm

C

Coleen3Answer

Employee

File a non-resident return in NY. The income will be taxable to your home state. http://www.revenue.state.il.us/TaxForms/IncmCurrentYear/Individual/IL-1040-Instr.pdf

NY

You must file Form IT-203 if you:

were not a resident of New York State and received income during the tax year from New York State sources, or
moved into or out of New York State during the tax year.

You are subject to New York State income tax on: