How do I allocate my Capital Gain or (Loss) on my Part-Year or Nonresident Missouri return?

Capital Gains or (losses) are shown on federal Schedule D and reported on federal Form 1040, Line 7.

Other gains or (losses) may be created on federal form 4797 and reported on federal Form 1040, Line 8.

Nonresidents:
You would generally include capital gains and/or losses from Missouri source income: businesses or pass-thru entities that are based in (located) and generate income in Missouri.

Part year residents:
You would generally include all capital gains and/or losses that you earned during your period of residency. If you receive capital gains or losses from businesses, partnerships, s-corporations, LLC's, estates, etc from a Missouri source after you move, this income is considered Missouri source income and is taxable to Missouri regardless of your new state of residency.  

Program entry

1. State Section
2. Edit
3. Form MO-NRI Missouri Income Percentage
4. Capital Gain/Loss