New Jersey and federal taxing authorities have different rules.
Karin Price Mueller | NJMoneyHelp.com for NJ.com
Q. I am expecting a loss from the sale of my mom’s two-family house that I inherited. It was reported to me on a Form 1041, K-1. Can I offset this loss from sale of property against any gains in my stock portfolio on my New Jersey tax return?If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
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