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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...
deranged psychic dilemma
  12/17/17
...
deranged psychic dilemma
  12/17/17
forgiven
Histrionic School Private Investor
  12/17/17
Cr, common law doctrine known as battle of the states
out-of-control thriller stag film
  12/17/17
...
ungodly goyim
  12/17/17
...
marvelous abusive school cafeteria philosopher-king
  12/17/17
...
Histrionic School Private Investor
  12/17/17
...
deranged psychic dilemma
  12/17/17
You have to pay both states iirc. Might be an exception if ...
pale location national security agency
  12/17/17
You are double taxed
Concupiscible tanning salon
  12/17/17
what if i move in August to a state with no income tax, and ...
deranged psychic dilemma
  12/17/17
...
deranged psychic dilemma
  12/17/17
I suspect they prorated it, at least that's what they did wi...
Fantasy-prone heady hominid
  12/17/17
Just looked it up. My state says that youre a resident only ...
deranged psychic dilemma
  12/17/17
Just "move" to Nevada once a year to cash out
ungodly goyim
  12/17/17
pls rspd
deranged psychic dilemma
  12/17/17
Generally, the other state will give you a credit for taxes ...
Henna Buck-toothed Personal Credit Line Spot
  12/17/17
wtf
deranged psychic dilemma
  12/17/17
U live in state X 5 months, then state Y 7 months. File in X...
Henna Buck-toothed Personal Credit Line Spot
  12/17/17
ok that makes sense. my question is about cap gains tax ...
deranged psychic dilemma
  12/17/17
It's a state law question, can't answer without outing the s...
Henna Buck-toothed Personal Credit Line Spot
  12/17/17
ty
deranged psychic dilemma
  12/17/17
...
Soggy Flickering Theater
  12/17/17
...
deranged psychic dilemma
  12/17/17
grow a beard
Obsidian space affirmative action
  12/17/17
what do u mean
deranged psychic dilemma
  12/17/17


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Date: December 17th, 2017 4:15 PM
Author: deranged psychic dilemma

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: deranged psychic dilemma



(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: Histrionic School Private Investor

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: out-of-control thriller stag film

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: ungodly goyim



(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: marvelous abusive school cafeteria philosopher-king



(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: Histrionic School Private Investor



(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: deranged psychic dilemma



(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: pale location national security agency

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: Concupiscible tanning salon

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: deranged psychic dilemma

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: deranged psychic dilemma



(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: Fantasy-prone heady hominid

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: deranged psychic dilemma

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: ungodly goyim

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: deranged psychic dilemma

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: Henna Buck-toothed Personal Credit Line Spot

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: deranged psychic dilemma

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: Henna Buck-toothed Personal Credit Line Spot

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: deranged psychic dilemma

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: Henna Buck-toothed Personal Credit Line Spot

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: deranged psychic dilemma

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: Soggy Flickering Theater



(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: deranged psychic dilemma



(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: Obsidian space affirmative action

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: deranged psychic dilemma

what do u mean

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