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How State Residency Affects Deferred Comp Decisions
Moss Adams LLP
Aug. 25, 2021 "If you live in California, then you're taxed on your worldwide income. There may be an opportunity to claim the other state tax credit in rare circumstances, but the more likely outcome is that you'll owe tax on all of your income. For this reason, it's prudent to evaluate the potential benefits of moving before exercising your deferred compensation." |
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