Can I step up the basis of mutual funds (for NC Capital Gains) to the value on the day I moved to the state or do I have to use original, pre-move to the state, cost?
Purchased mutual fund, e.g. for $100. Moved to North Carolina; value on date of move $200. While living in NC, sold fund for $300. For state tax is gain $200 (300 - 100) or $100 (300 - 200)?
