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Dual residency
I have an interest to hold residency in two states. Where would I find out
more about this? Steve |
Dual residency
"Steve B" wrote in message
... I have an interest to hold residency in two states. Where would I find out more about this? Steve I know of no Federal requirements. It's probably dependent upon the two states in question. This is certainly true for state taxation. Suggest you contact the states' tax agency, since they're the ones who are going to care the most, perhaps followed by the two DMVs. -- Nom=de=Plume |
Dual residency
On Sat, 12 Dec 2009 17:45:32 -0800, Steve B wrote:
I have an interest to hold residency in two states. Where would I find out more about this? Steve Why on earth would you have an interest in double taxation? |
Dual residency
On Sat, 12 Dec 2009 22:53:58 -0800, Steve B wrote:
"thunder" wrote in message t... On Sat, 12 Dec 2009 17:45:32 -0800, Steve B wrote: I have an interest to hold residency in two states. Where would I find out more about this? Steve Why on earth would you have an interest in double taxation? Huh? One state has a much lower sales tax. One state has no state income tax. One state has much lower insurance rates. The other state has my union insurance coverage at a mere pittance and better coverage than the other. Each has advantages, and I'd like to split residency and take advantage of those. Steve http://www.dimontelaw.com/establishing_residence.htm |
Dual residency
"thunder" wrote in message t... On Sat, 12 Dec 2009 17:45:32 -0800, Steve B wrote: I have an interest to hold residency in two states. Where would I find out more about this? Steve Why on earth would you have an interest in double taxation? |
Dual residency
"thunder" wrote in message t... On Sat, 12 Dec 2009 17:45:32 -0800, Steve B wrote: I have an interest to hold residency in two states. Where would I find out more about this? Steve Why on earth would you have an interest in double taxation? Huh? One state has a much lower sales tax. One state has no state income tax. One state has much lower insurance rates. The other state has my union insurance coverage at a mere pittance and better coverage than the other. Each has advantages, and I'd like to split residency and take advantage of those. Steve |
Dual residency
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Dual residency
"BAR" wrote in message . .. In article , says... I have an interest to hold residency in two states. Where would I find out more about this? Talk to a CPA from both states or talk to a tax attorney. Good luck and let us know what happens in state and federal tax court. I'm retired and everything is in trusts. |
Dual residency
"Steve B" wrote in message ... "BAR" wrote in message . .. In article , says... I have an interest to hold residency in two states. Where would I find out more about this? Talk to a CPA from both states or talk to a tax attorney. Good luck and let us know what happens in state and federal tax court. I'm retired and everything is in trusts. Everything in trusts does not mitigate taxes. Just preserves the exemption of both spouses if married, and avoids paying an attorney 6% for probate. I doubt any state will let you declare dual residency when they want money. Some live near the border. Aquaintance lives near the Oregon and Idaho border in Washington, since he retired. No state income tax, go across the border to Oregon to shop and no sales tax, and a short drive to the daughter in Idaho. |
Dual residency
"Bill McKee" wrote in message ... "Steve B" wrote in message ... "BAR" wrote in message . .. In article , says... I have an interest to hold residency in two states. Where would I find out more about this? Talk to a CPA from both states or talk to a tax attorney. Good luck and let us know what happens in state and federal tax court. I'm retired and everything is in trusts. Everything in trusts does not mitigate taxes. Just preserves the exemption of both spouses if married, and avoids paying an attorney 6% for probate. I doubt any state will let you declare dual residency when they want money. Some live near the border. Aquaintance lives near the Oregon and Idaho border in Washington, since he retired. No state income tax, go across the border to Oregon to shop and no sales tax, and a short drive to the daughter in Idaho. I live 27 miles from the border. |
Dual residency
"Steve B" wrote in message ... "Bill McKee" wrote in message ... "Steve B" wrote in message ... "BAR" wrote in message . .. In article , says... I have an interest to hold residency in two states. Where would I find out more about this? Talk to a CPA from both states or talk to a tax attorney. Good luck and let us know what happens in state and federal tax court. I'm retired and everything is in trusts. Everything in trusts does not mitigate taxes. Just preserves the exemption of both spouses if married, and avoids paying an attorney 6% for probate. I doubt any state will let you declare dual residency when they want money. Some live near the border. Aquaintance lives near the Oregon and Idaho border in Washington, since he retired. No state income tax, go across the border to Oregon to shop and no sales tax, and a short drive to the daughter in Idaho. I live 27 miles from the border. So get a 2nd house / shack in Nevada. Use that as your legal residence and the Utah house as a vacation home. |
Dual residency
"Bill McKee" wrote So get a 2nd house / shack in Nevada. Use that as your legal residence and the Utah house as a vacation home. Already done. Two in Utah, two in Nevada, one in Arizona. Just wondering if it is possible to uitlize the best things from each. Lower vehicle insurance in one state. Lower health insurance in another. Less sales tax in another. No state income tax in one. Where to get the best hunting at the lowest license prices. Just curious if any one precedent overrides the other and makes you a mandatory resident of one state or the other. Steve |
Dual residency
On Mon, 14 Dec 2009 10:29:51 -0800, "Steve B"
wrote: Just curious if any one precedent overrides the other and makes you a mandatory resident of one state or the other. A state with income tax will do everything possible to claim you unless you go through a total "divorce" proceeding with them. That means no traceable property ownership, no registered vehicles or boats, no kids in school, no source of income, no financial accounts, no drivers license, no utility bills, etc. They may even try to claim your pension if you retire to another state, better to move first, then retire. |
Dual residency
"Wayne.B" wrote in message ... On Mon, 14 Dec 2009 10:29:51 -0800, "Steve B" wrote: Just curious if any one precedent overrides the other and makes you a mandatory resident of one state or the other. A state with income tax will do everything possible to claim you unless you go through a total "divorce" proceeding with them. That means no traceable property ownership, no registered vehicles or boats, no kids in school, no source of income, no financial accounts, no drivers license, no utility bills, etc. They may even try to claim your pension if you retire to another state, better to move first, then retire. They can not get yout pension. California tried to get taxes on pensions earned in Calif, after the person moved. Court said: Nope! |
Dual residency
On Mon, 14 Dec 2009 13:32:23 -0800, "Bill McKee"
wrote: A state with income tax will do everything possible to claim you unless you go through a total "divorce" proceeding with them. That means no traceable property ownership, no registered vehicles or boats, no kids in school, no source of income, no financial accounts, no drivers license, no utility bills, etc. They may even try to claim your pension if you retire to another state, better to move first, then retire. They can not get yout pension. California tried to get taxes on pensions earned in Calif, after the person moved. Court said: Nope! It's possible that New Jersey has not yet heard of that decision. I just recently talked to someone that retired from NJ to Florida and NJ was trying to tax his pension income since that's where it was "earned" and being paid from. |
Dual residency
On Mon, 14 Dec 2009 13:46:31 -0500, Wayne.B
wrote: On Mon, 14 Dec 2009 10:29:51 -0800, "Steve B" wrote: Just curious if any one precedent overrides the other and makes you a mandatory resident of one state or the other. A state with income tax will do everything possible to claim you unless you go through a total "divorce" proceeding with them. That means no traceable property ownership, no registered vehicles or boats, no kids in school, no source of income, no financial accounts, no drivers license, no utility bills, etc. They may even try to claim your pension if you retire to another state, better to move first, then retire. It sounds like you've spent some time in Virginia. The tax folks here are horrendous about changing state of residency. -- John H |
Dual residency
"Wayne.B" wrote in message ... On Mon, 14 Dec 2009 13:32:23 -0800, "Bill McKee" wrote: A state with income tax will do everything possible to claim you unless you go through a total "divorce" proceeding with them. That means no traceable property ownership, no registered vehicles or boats, no kids in school, no source of income, no financial accounts, no drivers license, no utility bills, etc. They may even try to claim your pension if you retire to another state, better to move first, then retire. They can not get yout pension. California tried to get taxes on pensions earned in Calif, after the person moved. Court said: Nope! It's possible that New Jersey has not yet heard of that decision. I just recently talked to someone that retired from NJ to Florida and NJ was trying to tax his pension income since that's where it was "earned" and being paid from. Have him check the California decisions. Buddy moved to Reno area and Calif was trying to tax his Carpenters pension. |
Dual residency
On Mon, 14 Dec 2009 17:26:16 -0500, John H
wrote: It sounds like you've spent some time in Virginia. The tax folks here are horrendous about changing state of residency. Just before moving to Florida I lived in NY and worked in NJ. New Jersey was even trying to tax my wife's income which was earned in NY. One of my finest days was when I divorced them both. |
Dual residency
On Dec 14, 8:30*pm, Wayne.B wrote:
On Mon, 14 Dec 2009 17:26:16 -0500, John H wrote: It sounds like you've spent some time in Virginia. The tax folks here are horrendous about changing state of residency. Just before moving to Florida I lived in NY and worked in NJ. * New Jersey was even trying to tax my wife's income which was earned in NY. One of my finest days was when I divorced them both. * Amen |
Dual residency
"John H" wrote in message ... On Dec 14, 8:30 pm, Wayne.B wrote: On Mon, 14 Dec 2009 17:26:16 -0500, John H wrote: It sounds like you've spent some time in Virginia. The tax folks here are horrendous about changing state of residency. Just before moving to Florida I lived in NY and worked in NJ. New Jersey was even trying to tax my wife's income which was earned in NY. One of my finest days was when I divorced them both. Amen reply: lots of folks kissing NY good bye. |
Dual residency
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Dual residency
On Mon, 14 Dec 2009 19:41:13 -0800, "Steve B"
wrote: "John H" wrote in message ... On Dec 14, 8:30 pm, Wayne.B wrote: On Mon, 14 Dec 2009 17:26:16 -0500, John H wrote: It sounds like you've spent some time in Virginia. The tax folks here are horrendous about changing state of residency. Just before moving to Florida I lived in NY and worked in NJ. New Jersey was even trying to tax my wife's income which was earned in NY. One of my finest days was when I divorced them both. Amen reply: lots of folks kissing NY good bye. ....and first wives. -- John H |
Dual residency
On Tue, 15 Dec 2009 07:07:42 -0500, BAR wrote:
In article , says... On Mon, 14 Dec 2009 13:46:31 -0500, Wayne.B wrote: On Mon, 14 Dec 2009 10:29:51 -0800, "Steve B" wrote: Just curious if any one precedent overrides the other and makes you a mandatory resident of one state or the other. A state with income tax will do everything possible to claim you unless you go through a total "divorce" proceeding with them. That means no traceable property ownership, no registered vehicles or boats, no kids in school, no source of income, no financial accounts, no drivers license, no utility bills, etc. They may even try to claim your pension if you retire to another state, better to move first, then retire. It sounds like you've spent some time in Virginia. The tax folks here are horrendous about changing state of residency. I like the county sticker scam. You can't get your county sticker unless you pay your county personal property tax. When was your personal property tax due? December 5th each year. Freaking *******s. The last new car I bought in Virginia in 1988 cost me nearly $2000 for the privilege of living in Fairfax County and getting the honor of paying personal property tax. They did away with the sticker, here in Fairfax County, but they kept the tax. The police used to drive around and ticket cars without stickers, and folks that live in the county could report cars without stickers. But, too many illegal aliens were getting caught. So they did away with stickers. -- John H |
Dual residency
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