Question

Capital gain or loss from assets acquired after December 31 2011? (Arizona State Return)

Forum|Forum|1 year ago
March 2, 2025
1 reply
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Hi,

I am in the process of filing my Arizona tax return. I am curious about the following:

"Capital gain or loss from assets acquired after December 31 2011?"

I am 30 and all my assets/gains/losses/etc. are acquired well after December 31 2011.

Am I OK to enter the total net long-term capital loss into this box?

D

DavidD66

Yes. Arizona provides a 25% exclusion of any net long-term capital gain that's been included in your federal adjusted gross income when it was derived from an investment in an asset acquired after December 31, 2011. If all of the assets you sold (or otherwise disposed of) were acquired after 2011, just enter your net capital gain or loss amount from your federal tax return.

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