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I moved out of state BEFORE an IPO on options gained while working in CA that I then purchased as a resident outside of CA. This does not work as others are des
by johnwyles 6y ago
I moved out of state BEFORE an IPO on options gained while working in CA that I then purchased as a resident outside of CA. This does not work as others are describing it. CA did and will come after anyone who earned options while in the state.
- tempsy 6y agoIt depends on your situation. A VC does not have options when they invest - they are getting preferred shares. An employee that forward exercises their options pay taxes on date of hire and vest automatically. Post IPO you’re only taxed when you sell.
- throwaway09223 6y agoYou had ISOs or NSOs either granted or vested or both while in CA and those count as income earned in CA. CA will tax that income, even if you don't realize the gains until after you leave the state. A VC is investing in a company, like any other stock investment. There is no earned income.