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April 4, 2024
Question

State handling of RSU and non-RSU stocks

  • April 4, 2024
  • 2 replies
  • 0 views

In 2024, I will be full-time UT resident. I have RSU stocks while working in CA Marvell Semiconductor Inc.

When I sell off these MRVL shares, do I state these capital gain/loss is associated with CA ? Or UT ?

 

I do trading in other stocks such as SQQQ, TSLA, etc.

I believe I can declare these capital gain/loss under UT. Am I correct?

 

Thanks!

2 replies

April 8, 2024

Any advice ?

April 8, 2024

Your capital gain/loss will be attributed to your state of residence as of the sale date of the shares.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.