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Turbo Tax handling of move from one state to another
Will turbo tax be able to handle the case of move from one state (ex: CA) to another (ex: TX) with different taxation rules and while covering scenarios such as the following
- Properties in both states (and on mortgage)
- A property in one of the states as rental
- A property in the state prior to move used as second/vacation home
- Some stocks (RSU, ESPPs) sold while resident in first state, remaining stocks sold while resident in the other? I am also thinking of the proration rule that CA has for ESPPs such that CA will continue to tax a portion of proceeds even if sold while resident of TX.
Assuming that turbo tax can handle
- Which version of turbo tax will that be?
- What documents or information will turbo tax need?
‎January 26, 2022
10:14 AM