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State tax on capital gain for selling a property in old state after moving to a new state
I moved permanently from California to Oklahoma in July.
I have a property (my primary residence in California) which is listed by my agent before I leave.
The property actually got sold in early August.
I prepare to file state tax for CA and OK as part-year residents.
I know that I have to pay the income tax for selling this property (since the profit > 500k) to CA.
But my question is do I need to pay income tax for the profit of selling the property to OK?
Also if I sold the property before I leave CA, do I need to pay tax to OK?
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March 9, 2021
3:05 PM