Hello,
I moved from Massachusetts to Florida at the beginning of 2023 ( March 1, 2023 ) and I have since sold RSU's and ESPP shares and when filing my State Taxes I need to understand if I still have to pay MA state taxes on the Capital Gains from the sales . Is the tax implications driven by the Grant date , Vest Date or Sale date of the shares ? I sold shares after I became a FL state resident but the Grant was provided while I was residing in Massachusetts. In the Turbo tax form there is a check box to distinguish if this was Non-Massachusetts Sourced or not. If I sold after relocating to Florida do I still need to pay the Massachusetts State tax on the capital gains ?
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My understanding from reading Directive 03-12 Taxation of Income Earned by Non-Residents After St. 2003, c. 4, s. 7 is that neither the sale of the RSUs or the shares acquired through an ESPP are considered Massachusetts Source Income, See Issue 4 in the Directive referenced above.
Thank you !
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