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Author: bluemoth Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121180  
Subject: taxes Date: 6/18/2014 7:42 AM
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Hello,

I have a simple question. When you sell a stock, do you have to report the capital gain in filings for state taxes or only for federal tax purpose?

Thanks a lot for the clarification.
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Author: ptheland Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 121013 of 121180
Subject: Re: taxes Date: 6/18/2014 12:06 PM
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When you sell a stock, do you have to report the capital gain in filings for state taxes or only for federal tax purpose?

I don't know every state, but for most states, the answer is Yes. States generally tax capital gain income.

--Peter

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