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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...
Jade Scourge Upon The Earth
  12/17/17
...
Jade Scourge Upon The Earth
  12/17/17
forgiven
Indigo reading party
  12/17/17
Cr, common law doctrine known as battle of the states
hyperventilating glassy mood
  12/17/17
...
purple juggernaut
  12/17/17
...
bat shit crazy space regret
  12/17/17
...
Indigo reading party
  12/17/17
...
Jade Scourge Upon The Earth
  12/17/17
You have to pay both states iirc. Might be an exception if ...
passionate jew station
  12/17/17
You are double taxed
Marvelous stage elastic band
  12/17/17
what if i move in August to a state with no income tax, and ...
Jade Scourge Upon The Earth
  12/17/17
...
Jade Scourge Upon The Earth
  12/17/17
I suspect they prorated it, at least that's what they did wi...
Irradiated associate dopamine
  12/17/17
Just looked it up. My state says that youre a resident only ...
Jade Scourge Upon The Earth
  12/17/17
Just "move" to Nevada once a year to cash out
purple juggernaut
  12/17/17
pls rspd
Jade Scourge Upon The Earth
  12/17/17
Generally, the other state will give you a credit for taxes ...
Galvanic nudist church building athletic conference
  12/17/17
wtf
Jade Scourge Upon The Earth
  12/17/17
U live in state X 5 months, then state Y 7 months. File in X...
Galvanic nudist church building athletic conference
  12/17/17
ok that makes sense. my question is about cap gains tax ...
Jade Scourge Upon The Earth
  12/17/17
It's a state law question, can't answer without outing the s...
Galvanic nudist church building athletic conference
  12/17/17
ty
Jade Scourge Upon The Earth
  12/17/17
...
razzle cruel-hearted alpha
  12/17/17
...
Jade Scourge Upon The Earth
  12/17/17
grow a beard
multi-colored kink-friendly codepig
  12/17/17
what do u mean
Jade Scourge Upon The Earth
  12/17/17


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Date: December 17th, 2017 4:15 PM
Author: Jade Scourge Upon The Earth

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)



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Date: December 17th, 2017 4:17 PM
Author: Jade Scourge Upon The Earth



(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: Indigo reading party

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: hyperventilating glassy mood

Cr, common law doctrine known as battle of the states

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



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Date: December 17th, 2017 6:56 PM
Author: purple juggernaut



(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: bat shit crazy space regret



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



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Date: December 17th, 2017 7:49 PM
Author: Indigo reading party



(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: Jade Scourge Upon The Earth



(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: passionate jew station

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: Marvelous stage elastic band

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: Jade Scourge Upon The Earth

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: Jade Scourge Upon The Earth



(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: Irradiated associate dopamine

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: Jade Scourge Upon The Earth

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: purple juggernaut

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

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



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Date: December 17th, 2017 7:00 PM
Author: Jade Scourge Upon The Earth

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: Galvanic nudist church building athletic conference

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)



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Date: December 17th, 2017 7:04 PM
Author: Jade Scourge Upon The Earth

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: Galvanic nudist church building athletic conference

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: Jade Scourge Upon The Earth

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: Galvanic nudist church building athletic conference

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: Jade Scourge Upon The Earth

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: razzle cruel-hearted alpha



(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: Jade Scourge Upon The Earth



(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: multi-colored kink-friendly codepig

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: Jade Scourge Upon The Earth

what do u mean

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