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Missouri capitol gains elimination
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FW30
Posted 5/8/2025 16:37 (#11218218 - in reply to #11218177)
Subject: RE: Missouri capitol gains elimination


EC SD
For land, it is likely that the state it is located in would claim the gain is in that state. So doubt that moving would avoid the tax where the land is located.

For stocks, it depends on your state of residency when the sale occurs. The rules vary from state to state, but generally would have to move the calendar year prior to the sale. Also need to break all ties with the former state, like not owning property there, working there, etc. Best get local advice though, as every state is different...
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