I own property in both states and, can change my residence to either ca. or fl. i'm trying to find the best location to lesson my tax burden
You'll need to sign in or create an account to connect with an expert.
Yes, unfortunately.
You will file as a non-resident and be taxed only on the gain.
How California taxes residents, nonresidents, and part-year residents
https://www.ftb.ca.gov/individuals/filertn/nonresidents-part-year-residents.shtml#how_taxed
Yes, unfortunately.
You will file as a non-resident and be taxed only on the gain.
How California taxes residents, nonresidents, and part-year residents
https://www.ftb.ca.gov/individuals/filertn/nonresidents-part-year-residents.shtml#how_taxed
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
JJK2
Level 1
llmatlo
New Member
leafchen
Returning Member
geekydoc
Level 2
claudiafwinkler
New Member