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March 19, 2025
Question

Is there double taxed?

  • March 19, 2025
  • 1 reply
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I live in NYC. I am selling a home in Washington state with capital gains.

Do i have to pay taxes in NY state and Washington state for the capital gains on the house?

    1 reply

    DawnC
    March 19, 2025

    Yes, but NY, your resident state, will give you credit if you had income sourced to and taxed by another state, a local government within another state, or the District of Columbia.   See NY resident credit

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