I am a SC resident, but have sold my rental property in Georgia at a gain. Am I liable for income tax on that gain in my nonresident state of Georgia?
![]() |
I am a SC resident, but have sold my rental property in Georgia at a gain. Am I liable for income tax on that gain in my nonresident state of Georgia?
Yes, you ARE liable to Georgia for that gain, because the property is IN Georgia.
However, for whatever tax you pay to Georgia, you should be able to claim a credit on your South Carolina tax return.
All times are GMT -7. The time now is 10:15 AM. |