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spotter00
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Are capital gains earned from an investment house in another state considered income from that state?

I live in Michigan and my broker is in Florida.  Would my capital gains and distributions be considered out-of-state income?
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Are capital gains earned from an investment house in another state considered income from that state?

No. It doesn't matter where your broker resides. You are a Michigan resident and your income from your brokerage accounts is Michigan income.

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Are capital gains earned from an investment house in another state considered income from that state?

No. It doesn't matter where your broker resides. You are a Michigan resident and your income from your brokerage accounts is Michigan income.

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