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How does state tax work if you move midyear?

my question is about cap gains tax. if you live in one s...
exciting cocky school cafeteria internal respiration
  12/17/17
...
exciting cocky school cafeteria internal respiration
  12/17/17
forgiven
Nubile Stock Car Mad Cow Disease
  12/17/17
Cr, common law doctrine known as battle of the states
curious office
  12/17/17
...
smoky histrionic friendly grandma
  12/17/17
...
Translucent center
  12/17/17
...
Nubile Stock Car Mad Cow Disease
  12/17/17
...
exciting cocky school cafeteria internal respiration
  12/17/17
You have to pay both states iirc. Might be an exception if ...
Jet-lagged resort
  12/17/17
You are double taxed
Pea-brained Home Mediation
  12/17/17
what if i move in August to a state with no income tax, and ...
exciting cocky school cafeteria internal respiration
  12/17/17
...
exciting cocky school cafeteria internal respiration
  12/17/17
I suspect they prorated it, at least that's what they did wi...
insanely creepy supple base
  12/17/17
Just looked it up. My state says that youre a resident only ...
exciting cocky school cafeteria internal respiration
  12/17/17
Just "move" to Nevada once a year to cash out
smoky histrionic friendly grandma
  12/17/17
pls rspd
exciting cocky school cafeteria internal respiration
  12/17/17
Generally, the other state will give you a credit for taxes ...
blathering metal gaming laptop
  12/17/17
wtf
exciting cocky school cafeteria internal respiration
  12/17/17
U live in state X 5 months, then state Y 7 months. File in X...
blathering metal gaming laptop
  12/17/17
ok that makes sense. my question is about cap gains tax ...
exciting cocky school cafeteria internal respiration
  12/17/17
It's a state law question, can't answer without outing the s...
blathering metal gaming laptop
  12/17/17
ty
exciting cocky school cafeteria internal respiration
  12/17/17
...
arousing fuchsia step-uncle's house
  12/17/17
...
exciting cocky school cafeteria internal respiration
  12/17/17
grow a beard
Sexy Lilac Pistol Boiling Water
  12/17/17
what do u mean
exciting cocky school cafeteria internal respiration
  12/17/17


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Date: December 17th, 2017 4:15 PM
Author: exciting cocky school cafeteria internal respiration

my question is about cap gains tax.

if you live in one state and then move midyear, do you still have to pay cap gains tax in the state you left? if so, is it prorated?



(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34943030)



Reply Favorite

Date: December 17th, 2017 4:17 PM
Author: exciting cocky school cafeteria internal respiration



(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34943050)



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Date: December 17th, 2017 4:17 PM
Author: Nubile Stock Car Mad Cow Disease

forgiven

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34943053)



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Date: December 17th, 2017 6:54 PM
Author: curious office

Cr, common law doctrine known as battle of the states

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944014)



Reply Favorite

Date: December 17th, 2017 6:56 PM
Author: smoky histrionic friendly grandma



(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944035)



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Date: December 17th, 2017 7:22 PM
Author: Translucent center



(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944184)



Reply Favorite

Date: December 17th, 2017 7:49 PM
Author: Nubile Stock Car Mad Cow Disease



(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944338)



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Date: December 17th, 2017 7:50 PM
Author: exciting cocky school cafeteria internal respiration



(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944346)



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Date: December 17th, 2017 4:18 PM
Author: Jet-lagged resort

You have to pay both states iirc. Might be an exception if you spent less than x days in one of the states

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34943059)



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Date: December 17th, 2017 4:18 PM
Author: Pea-brained Home Mediation

You are double taxed

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34943060)



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Date: December 17th, 2017 4:43 PM
Author: exciting cocky school cafeteria internal respiration

what if i move in August to a state with no income tax, and cash out a bunch of investments in September. Do i have to pay tax to my old state?

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34943227)



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Date: December 17th, 2017 4:56 PM
Author: exciting cocky school cafeteria internal respiration



(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34943290)



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Date: December 17th, 2017 4:19 PM
Author: insanely creepy supple base

I suspect they prorated it, at least that's what they did with local taxes when we moved intrastate

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34943066)



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Date: December 17th, 2017 6:52 PM
Author: exciting cocky school cafeteria internal respiration

Just looked it up. My state says that youre a resident only if you live in state for more than 1/2 the year.

But it also says that anyone earning income in the state has to pay taxes there.

It's still unclear to me whether or not I have to pay prorated capital gains tax here if i move and cash out in another state.

anyone?

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944003)



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Date: December 17th, 2017 6:57 PM
Author: smoky histrionic friendly grandma

Just "move" to Nevada once a year to cash out

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944038)



Reply Favorite

Date: December 17th, 2017 7:00 PM
Author: exciting cocky school cafeteria internal respiration

pls rspd

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944059)



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Date: December 17th, 2017 7:00 PM
Author: blathering metal gaming laptop

Generally, the other state will give you a credit for taxes paid in the shorter state

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944061)



Reply Favorite

Date: December 17th, 2017 7:04 PM
Author: exciting cocky school cafeteria internal respiration

wtf

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944087)



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Date: December 17th, 2017 7:06 PM
Author: blathering metal gaming laptop

U live in state X 5 months, then state Y 7 months. File in X, X taxes u on ur X income. File in Y, Y taxes u on ur X and Y income, but gives u credit for taxes u paid in X.

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944093)



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Date: December 17th, 2017 7:07 PM
Author: exciting cocky school cafeteria internal respiration

ok that makes sense.

my question is about cap gains tax though. im only selling once. do i only pay tax on it in the state i sell it in?

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944098)



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Date: December 17th, 2017 7:17 PM
Author: blathering metal gaming laptop

It's a state law question, can't answer without outing the states

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944153)



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Date: December 17th, 2017 7:22 PM
Author: exciting cocky school cafeteria internal respiration

ty

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944185)



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Date: December 17th, 2017 7:21 PM
Author: arousing fuchsia step-uncle's house



(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944177)



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Date: December 17th, 2017 7:15 PM
Author: exciting cocky school cafeteria internal respiration



(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944139)



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Date: December 17th, 2017 7:23 PM
Author: Sexy Lilac Pistol Boiling Water

grow a beard

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944189)



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Date: December 17th, 2017 7:45 PM
Author: exciting cocky school cafeteria internal respiration

what do u mean

(http://www.autoadmit.com/thread.php?thread_id=3832223&forum_id=2#34944314)