Interesting question. On the one hand you get nailed for the federal tax sooner, shrinking the amount invested and (hopefully) growing. And on the other you avoid the state income tax....and I would also lose any possible tax losses if there was decline the stocks from this point.That sounds backwards to me. Selling and re-purchasing would raise the cost basis higher, and the higher cost basis would increase the chance of a future loss.Another factor to consider is how long you intend to hold those stocks. If you had to sell in less than a year you might be stuck with short-term capital gains, which depending on the size of the gain in that time could really hurt. Likewise, how long do you expect to live in CO?
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