Out of state taxes
I live in California, and am closing on my first rental property this Friday. The property is in Indiana. My question is will I need to file a tax return for the state of Indiana?
Ken Cooper
Most Popular Reply
Ken,
You will pay to Indiana, and you will receive a credit on your CA return. I recommend filing EVERY state even if you do not owe them money. It starts a statute of limitations and keeps them from coming after you.



