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markabb61
Mar 19, 2008, 06:02 PM
Recently I just became a part time resident in NC July 2007. I was a full time resident of FL prior to that. How do I file NC state taxes for Stock capital gains that were puchased in 2004 in FL (while I was a full time resident there) and sold in 2007 two months after I became a part time resident of NC. How much of the gain is NC entitled to.

Markabb61

ebaines
Mar 19, 2008, 08:30 PM
You report capital gains to NC for any assets you sold while a resident of NC. It matters not that you may have held these assets for a period in another state - the only thing that matters is where you lived on the date you sold the stock. So in your case NC "gets" the CG tax on 100% of the gain.