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CA income double taxed

EarlineLaBuy
Level 3

Client is a resident of OK. Sold a house in CA that was her prior residence. Received the $250,000 exclusion, but still owed tax. Both CA and OK want to tax her on the gain. Is there any offsett in either CA or OR  returns? I have looked but can't find anything.

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2 Comments 2
PhoebeRoberts
Level 11
Level 11

If you really mean OKlahoma, and not ORegon, you just make an entry for Out of State Long Term Capital Gains in Screen 51.041. OK doesn't permit an Other State Tax Credit in this situation.