Any WV preparers?

[Pacun]

MD resident sold an investment house in WV in 2023. Tax money was withheld and sent to WV.  I wonder if MD and WV have any reciprocal agreement or if this person has to pay MD and WV capital gains taxes.

I have not researched this issue yet because if it is one year late, a couple of more weeks won't be devastating. 

[Lion EA]

In general (that means I don't know either MD or WV) reciprocal agreements cover wages, maybe all earned income. I don't think a real estate sale/capital gains would fit under a reciprocal agreement. Does MD give a credit for taxes paid to WV on the MD resident return? WV real estate sale would trigger a WV nonresident return.

[jklcpa]

You will need to file the WV return and report the sale of thr property and show the amount of tax withheld as a payment. I haven't looked at WV instructions but it is customary to include a copy of the form showing the tax withheld.

Then, MD will also tax the sale of property because your client is a MD resident. MD allows credit for taxes paid to WV on everything except wages, just as Lion said. Use form 502CR.

[Jim Oh Bkkr]

9 hours ago, jklcpa said:

WV instructions but it is customary to include a copy of the form showing the tax withheld

Which may be an "easy to miss" item included with the closing docs.  For mine, it was a "certificate of withholding".  See a recent post  called (IIRC) "Two states"