Moving to a low or no income tax state to cash out stock options?
Is it possible to reduce the tax burden on stock option exercise and sale by moving to a state that has no or very low income taxes?
Is there a minimum time that you need to live in the new state?
For NSOS, when you exercise them, which state is taken into consideration for taxes purpose, the one at grand time or the one at exercise time?
For common shares when you sell them, does the state where you exercise them matters or the state where you sell them for taxes purpose?
Looking for people that have done it or considering it and their experience.
For example: would it be true to assume that the early uber/lyft employees could save about 10% in taxes by moving to Texas now, and then coming back to California whenever they are done selling their stocks?
Thanks and Merry Christmas for those celebrating!