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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...
big tank
  12/17/17
...
big tank
  12/17/17
forgiven
lascivious point
  12/17/17
Cr, common law doctrine known as battle of the states
passionate mahogany principal's office stock car
  12/17/17
...
Razzmatazz location fortuitous meteor
  12/17/17
...
underhanded awkward library
  12/17/17
...
lascivious point
  12/17/17
...
big tank
  12/17/17
You have to pay both states iirc. Might be an exception if ...
Bat shit crazy excitant crotch
  12/17/17
You are double taxed
Nudist rehab dysfunction
  12/17/17
what if i move in August to a state with no income tax, and ...
big tank
  12/17/17
...
big tank
  12/17/17
I suspect they prorated it, at least that's what they did wi...
poppy comical base persian
  12/17/17
Just looked it up. My state says that youre a resident only ...
big tank
  12/17/17
Just "move" to Nevada once a year to cash out
Razzmatazz location fortuitous meteor
  12/17/17
pls rspd
big tank
  12/17/17
Generally, the other state will give you a credit for taxes ...
green famous landscape painting address
  12/17/17
wtf
big tank
  12/17/17
U live in state X 5 months, then state Y 7 months. File in X...
green famous landscape painting address
  12/17/17
ok that makes sense. my question is about cap gains tax ...
big tank
  12/17/17
It's a state law question, can't answer without outing the s...
green famous landscape painting address
  12/17/17
ty
big tank
  12/17/17
...
Slap-happy hell
  12/17/17
...
big tank
  12/17/17
grow a beard
ruddy hospital becky
  12/17/17
what do u mean
big tank
  12/17/17


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Date: December 17th, 2017 4:15 PM
Author: big tank

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: big tank



(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: lascivious point

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: passionate mahogany principal's office stock car

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: Razzmatazz location fortuitous meteor



(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: underhanded awkward library



(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: lascivious point



(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: big tank



(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: Bat shit crazy excitant crotch

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: Nudist rehab dysfunction

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: big tank

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: big tank



(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: poppy comical base persian

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: big tank

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: Razzmatazz location fortuitous meteor

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: big tank

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: green famous landscape painting address

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: big tank

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: green famous landscape painting address

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: big tank

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: green famous landscape painting address

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: big tank

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: Slap-happy hell



(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: big tank



(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: ruddy hospital becky

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: big tank

what do u mean

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