Sale of S corp shares

[Gwoz]

I live in one state and have sold shares of an S Corp operating in another state. In which state is the gain on the sale recorded?

[Mike9241]

which states? 

[Gwoz]

Live in California company is in Michigan.

[Mike9241]

if you are selling shares you own it's taxable in CA because it's taxable for federal and Ca is your resident state. someone familiar with Mi law would have to answer that part and they may need more info, 

[Gwoz]

Thanks!