Exercise and sell non qualified stock options in different states.

Company granted non qualified stock options in 2011. I excercised it in 2014 and 2015 when I lived in State of New Jersey and worked in State of New York. I moved to State of California in 2016 and sold all stocks. Which state tax (or major tax) I shall pay for this transaction?

986

Level 13

May 31, 2019 7:04:06 PM

The exercise of the NQSO created "compensation" reported on your W-2 so the states of New Jersey and/or New York got their taxes - however that worked out - at the time. The subsequent sale is entirely a "California" event. (If you had actually exercised while a resident of California I'm sure the states of New Jersey and/or New York would want their share.)

Tom Young

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Exercise and sell non qualified stock options in different states.