If I am reporting a net capital loss (the max of $3000) on my Federal 1040, but that number includes a capital gain of +$8051 that was earned in my non-resident state of North Carolina, will I owe NC state taxes on that gain?

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Yes, if you realize a capital gain in a state in which you do not reside, the gain is normally taxable in that state. Your home state will probably grant a credit for taxes paid to NC, assuming you live in a state with an income tax..

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If I am reporting a net capital loss (the max of $3000) on my Federal 1040, but that number includes a capital gain of +$8051 that was earned in my non-resident state of North Carolina, will I owe NC state taxes on that gain?

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If I am reporting a net capital loss (the max of $3000) on my Federal 1040, but that number includes a capital gain of +$8051 that was earned in my non-resident state of North Carolina, will I owe NC state taxes on that gain?

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