Moved from NY to MA; what to do about Capital Gains on state returns?

Apr 11, 2011 0 Replies

I have $90,000 in capital losses from previous years. I had $10,000 in capital gains in 20010. Accordingly, I have -$3,000 in capital gains on my 2010 Federal return and $77,000 of carry forward losses. I moved from NYS to MA on 6/1/2010. My understanding is that I have $90,000 in carry forward capital losses in NY (since that is where I lived when I lost the money), but none in MA. Is that correct.



But what do I do about my state returns? HRBlock at Home says, for my NYS return, that I have shown -$3,000 on my Federal return and asks how much of it is attributed to NYS.



I haven't done the MA return yet, but I expect it will ask the same question. How do I answer that?



If I ever move back to NY, do I get to $90,000 in capital losses there?


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