Hello,
I am looking to move to a new state. If I sell stocks with capital gains taxes, which state do you pay the capital gains tax:
1) the state you lived in at the time you sold the stock for a gain
2) the state you moved to and subsequently lived in for most of the year
I'm not sure if I sell some stock now and then move in the beginning of February, do I pay the tax in the new state or the old state?
Thank you.
P.S. This is in the USA
I am looking to move to a new state. If I sell stocks with capital gains taxes, which state do you pay the capital gains tax:
1) the state you lived in at the time you sold the stock for a gain
2) the state you moved to and subsequently lived in for most of the year
I'm not sure if I sell some stock now and then move in the beginning of February, do I pay the tax in the new state or the old state?
Thank you.
P.S. This is in the USA