I have been living in CA since 2010. I owned a house in PA that was converted to a rental property which was eventually sold off in 2014. From 2010-2013, I used to file Federal, CA (resident), and PA (non-resident) forms. For the PA form, I would just report the rental income + losses.
I sold the property in 2014. I had a gain of $5K (after adjusting the cost basis due to rental depreciation) but a passive activity loss of $45K (accrued over 4 years). This year I was able to deduct the $40K loss from both federal and CA state tax forms to get a fairly large refund.
I would like to know how I should go about reporting this sale of property on the PA 40 tax form as a final non-resident return. Since I don't have any other income in PA, i would just be report a $40K loss and that it?
Thanks