I currently live in California, and have an asset (stock acquired while living in CA few years ago) that I'd like to liquidate. I'm also considering moving to Texas for a new job. If I wait until I move to Texas and become a resident there, then decide to liquidate my asset, do I owe CA any long term capital gain tax since I held onto the asset for several years and the value of the asset increased while living there? Or, since I'll be a resident of Texas, do I not owe any state tax on the capital gain?
The resident state.
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