What's the best state to live in for tax purposes as a day trader?

[Syzlex]

I heard Nevada and New Hampshire are good states when it comes to tax as a trader. Not that it's a big deal at the moment but I'm curious what everyone thinks.


(Heard Puerto Rico is good as well, though not a state)

 

[kalinka]

I heard Nevada and New Hampshire are good states when it comes to tax as a trader. Not that it's a big deal at the moment but I'm curious what everyone thinks.


(Heard Puerto Rico is good as well, though not a state)

 

[kalinka]

Monaco. Zero tax, excellent infrastructure and healthcare.
Good climate and the French and Italian Riviera by your feet.

 

[Turveyd]

UK Spot account, which is just as good as proper account pretty much and Zero tax as it's classed as Gambling

Monaca sounds much much much nicer mind.

 

[trader99]

Monoca is expensive. Home to the billionaires.

 

[Edmond]

Monoca is expensive. Home to the billionaires.

Dozu lives there

 

[wartrace]

Any state without an income tax would be ideal. (If you want to stay in the U.S.)
https://www.businessinsider.com/personal-finance/states-with-no-income-tax-map

 

[Atikon]

Cyprus

 

[wrbtrader]

I heard Nevada and New Hampshire are good states when it comes to tax as a trader. Not that it's a big deal at the moment but I'm curious what everyone thinks.

(Heard Puerto Rico is good as well, though not a state)

Easy info to look up on Google.

https://turbotax.intuit.com/tax-tips/fun-facts/states-with-the-highest-and-lowest-taxes/L6HPAVqSF

wrbtrader

 

[Sig]

I heard Nevada and New Hampshire are good states when it comes to tax as a trader. Not that it's a big deal at the moment but I'm curious what everyone thinks.


(Heard Puerto Rico is good as well, though not a state)

Strive to be successful enough that you can live wherever you want simply because it's the place you want to live, not to be a slave to your money to the point that even the place you live is determined by someone else. If you make enough, the difference in state tax rates are irrelevant to your happiness in life. But living in Nevada if you don't have some kind of affinity for it can certainly impact your happiness!