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Yes and no.
You must pay NY income tax on the sale. You must also include the capital gain as income on your CA return. But CA will give you a credit, or partial credit, on the tax you paid to NY
Yes and no.
You must pay NY income tax on the sale. You must also include the capital gain as income on your CA return. But CA will give you a credit, or partial credit, on the tax you paid to NY
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