Tag Archives: sum of money

before selling a stock for large profit, can I move from Calif. to another state with no state tax and avoid..

If i want to avoid paying state income tax on a large sum of money I might make off of the sale of a stock, can I move to another state like Texas that has no state income tax and not have to pay California state tax on it? How long will I have to live in Texas before selling the stock? Can I keep our house in California and rent it out or would I have to sell it in order to avoid the tax in California?

before selling a stock for large profit, can I move from Calif. to another state with no state tax and avoid..

If i want to avoid paying state income tax on a large sum of money I might make off of the sale of a stock, can I move to another state like Texas that has no state income tax and not have to pay California state tax on it? How long will I have to live in Texas before selling the stock? Can I keep our house in California and rent it out or would I have to sell it in order to avoid the tax in California?

Ex-Wife Wants Weekend With Daughter — Fear She Will Take Off With Her — Let Her Have Time or Not?

Ex is from Philippines. Six year old daughter has no passport but could be taken anywhere in USA. Ex is about to get a large sum of money from sale of mutually-owned house. Won’t say where she is living in the area but I know. Won’t say where she is working either but I don’t know that yet. Could go anywhere as she has history of quitting jobs easily. She wants weekend with daughter — hasn’t been spending any real time with her since June of last year. Fear is that Ex will take off with her. Only trust letting her visit at ex’s apartment while I wait outside (ex is keeping her apartment a secret, why I don’t know). Daughter is seeing a child therapist to help her cope with mother not being in her life. We both have lawyers but I need thoughts on whether it is even advisable for her to have time with our daughter until she builds up stability. I have primary custody.

would he owe taxes?

Last year, I was planning to marry (I thought a wonderful man), but it was short lived. We got a CD together for a rather large sum of money, and put both names on the certificate. I put in about 2/3rds of the amount, with him adding 1/3rd. A few months later, he cashed the CD and took off for parts unknown. My money came from the sale of a home, and was declared on my income tax return, and taxes paid. Does anyone know whether or not he would owe taxes on this money, or is he scot free?