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It’s based on your primary residence… so if you’re a resident of MD, then you pay MD taxes, same for PA… from a federal standpoint, it doesn’t matter…
This is why a lot wealthy people claim FL as their primary… no state taxes…
But if you have “earned income” in another state, you may be subject to their income taxes and pay taxes in both states… but investments are not considered “earned”…
Doesn’t matter where you trade. Only where you live. Cannot be both.
Seems like a question chatGPT could answer
Pick the most tax advantaged state if you can qualify for resident in both. I don’t have to pay both just wherever your primary residence is.