asked

I live and work in Georgia but own land in Alabama where I sold some timber. Do I pay taxes in Alabama, and do I file Alabama taxes before Georgia taxes? I am 51, married, have one dependent in college, and have a combined income of $107,000 with my wife. I bought the property in February and plan to sell the timber soon. Will this short-term sale cause me to pay higher taxes?

January 29th, 2023

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