2 ms·
I don't know what your monthly spend is, but there are income levels where you'll see 0% capital gains at both the state and federal level. Also remember that y
by nrmitchi 2y ago
I don't know what your monthly spend is, but there are income levels where you'll see 0% capital gains at both the state and federal level. Also remember that you'll only pay the tax on the _gains_ (ie, taking your cost basis into account).
Moving out of a state for avoid a low-single-digit tax on _gains only_ seems like it may be an over-optimization, but you'll have to look at your specific situation.