State tax filing
You would exclude a capital gains and losses transaction if it is not taxable on a nonresident Wisconsin state income tax return because:
- you were not a resident of Wisconsin, and
- the property that you sold was not located in Wisconsin.
2023 Wisconsin Schedule WD Instructions here states:
Nonresidents and Part-Year Residents
Nonresidents should include only gain or loss from Wisconsin sources on Schedule WD. Part-year residents should include the gain or loss received from all sources while a Wisconsin resident and the gain or loss from Wisconsin sources while a nonresident.
