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I'm going to relocate from Texas to California this year. Next year my tax bracket would be significantly higher. Texas doesn't tax income, while California does.

I have a significant amount of unrealized long-term capital gains. I'm going to sell these investments and purchase them again on the next day to avoid CA income tax.

What else can I do to minimize taxes?



Submitted August 05, 2021 at 11:55PM by OldRutabaga https://ift.tt/3xwPu6Z

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