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If I sell my US Treasury 2 year Note before its maturity date, is the capital gain taxable in California as a capital gain?

Best answer by Anonymous_

If the gain is considered capital gain, then it is taxable as such by the states.

Only interest on U.S. obligations is exempt from state taxation.

Employee

If the gain is considered capital gain, then it is taxable as such by the states.

Only interest on U.S. obligations is exempt from state taxation.

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