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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...
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

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...   Read More
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

You can file a joint return in both states, in fact OH requires that you file jointly if your federal status is MFJ. On the state returns, the non-resident spouse should be listed as such and his/her income not...   Read More
User Photo Dan Gordon
Tax Professional Level: Tax Enthusiast

First of all filing married filing separate the joint income is split between the two parties then the Alien party with no US source income does not file a return. Regarding FEIE if the income can be properly...   Read More
User Photo Gary Carter, PhD, MT, CPA
Tax Professional Level: Tax Enthusiast

The rule under Sec. 7701(b)(5) of the Code says that a J-1 visa holder is treated as an "exempt individual" (a nonresident) for two calendar years, only if the individual was not an exempt individual (a nonresident)...   Read More


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User Photo John Stancil

Lakeland, Florida, USA

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New York, New York, USA

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Denver, Colorado, USA

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