Questions tagged [moving]
The moving tag has no usage guidance.
82
questions
3
votes
1
answer
1k
views
Taxes after moving to USA from Canada
I just moved to New York from Toronto, Canada and I'm trying to understand how much I'm going to be taxed on my income. I'm single without any complicated investments. I'm a Canadian citizen in New ...
- 131
3
votes
1
answer
163
views
ESPP stocks taxable in US after moving to US from Singapore
I'm Singapore planning to move to US in 2-3 months. I have some ESPP shares(US Company) that I would like to keep for another year or more. If I sell these shares after moving to US will it be taxed ...
- 33
2
votes
1
answer
190
views
Can a nonresident alien with no income deduct moving expenses that incurred in the year before employment?
I am a non-US citizen and resident, moving to the US to work for a few years starting January 2016. In 2015 I am considered a nonresident alien with no taxable income in the US. In 2016 I will be ...
- 21
8
votes
1
answer
192
views
WHEN should I realize capital gains before going from non-resident alien to resident alien in USA?
I have read this post (How to realize capital gains before going from non-resident alien to resident alien in USA) and would like to ask a follow-up question.
It's understood that capital gains ...
- 81
2
votes
1
answer
107
views
How to move (or not move) an LLC from Illinois to New Mexico?
I'll be moving from Illinois to New Mexico soon and am wondering the best way to deal with my LLC. It is a design services LLC, electing S-Corp taxation. Currently revenues are all over the place - ...
- 143
8
votes
3
answers
2k
views
Moving in together while both of us own an apartment
So I am planning on moving in with my girlfriend. We both own our apartments, and it makes the economic picture somewhat more complicated.
Her monthly living expenses is 6861 for her flat.
My monthly ...
- 181
5
votes
1
answer
337
views
Which state gets taxes on money paid for previous year's work?
I moved from PA to IL at the very end of 2013. Because of this I thought my taxes were going to be easy, but I received a final check in January 2014, which included unused vacation time, etc., and ...
- 151
2
votes
1
answer
1k
views
Do I need to pay state tax if I lived in a state for less than a week?
I lived and worked in Washington state for the most of 2014. At the very end I moved to California on the 28th of December, so technically I lived three days in the state of California (being ...
- 135
1
vote
1
answer
74
views
Moving to a state where my employer has no business set up - implications?
I am moving to Colorado, where my company (based in NY and FL) does not have an office. I will still be employed by them, but working from my home in CO.
What are the tax implications for the company?...
- 11
1
vote
1
answer
111
views
Am I qualified for a moving expenses tax return
I am a person from US, worked for a company in 2014. In a late 2014 I was laid off and found a job in another state (distance is way more then 50 miles). I started the job in the early beginning of ...
- 135
1
vote
1
answer
126
views
Changing jobs but ended up in same city after moving away for a month. Can I deduct both ways?
I'm referring to the moving expenses deductions listed here: http://www.irs.gov/publications/p521/
I lived in City A for 1.5 years, briefly moved to City B for about a month (never established ...
- 583
1
vote
0
answers
256
views
Moved with my girlfriend for her new job, I paid moving expenses, which she later repaid. Can she claim moving deduction? (USA)
Moved with my girlfriend for her new job, I paid moving expenses, which she later repaid. Can she claim the moving deduction? (We're in the US)
- 221
1
vote
1
answer
71
views
Moving reimbursement qualifies as accountable, taxed as non-accountable
In the USA in 2014, my moving expense reimbursement met the qualifications for an Accountable Plan, (Pub 512), but my new employer taxed my reimbursement and took the tax out of my paycheck. They ...
- 13
0
votes
1
answer
223
views
What is the best way to move money to the US from Brazil?
I just got married and my wife is moving with me to the US. We have been living in Brazil together for 2 years and have some savings. What is the best way to move $10.000 to $15.000 to a US account ...
- 1
2
votes
1
answer
195
views
Why are some moving expense reimbursements taxable while normal employee expense reimbursements are not taxable?
I will be moving for a job shortly, and my new employer is reimbursing the costs. If I understand correctly the reimbursement is taxable, but most of it is deductible. If all of it were deductible ...
- 15.9k
1
vote
2
answers
1k
views
How would IRS treat reimbursement in a later year of moving expenses?
In the U.S., if one claims a moving expense using Form 3903 in one year because one is unsure whether a startup business will be able to even reimburse you for those expenses, but in a subsequent year,...
- 1,823
4
votes
1
answer
3k
views
What are the options for transfering money when moving to the US?
So I'm moving to the US in august porting a J-1 visa for a year long exchange program. I need to take money with me and currently, all I have is a Brazilian banking account and an international credit ...
- 141
8
votes
2
answers
3k
views
Should I remodel or buy a bigger house?
My husband and I have two children under 2 years old and have outgrown our current 1400 square foot home. My husband and I both work from home, and we have a day nanny who comes and helps with the ...
- 81
2
votes
2
answers
745
views
Do I have to pay state taxes on income not earned while living or working in that state?
[All values are approximate]
I moved to Pennsylvania, from Maine, last June 1st. I ceased all residency and employment in Maine on the 31st of May.
In doing my taxes this year (using HR Block ...
- 121
2
votes
2
answers
210
views
San Francisco vs Madison
I am currently getting a 102K salary in Madison and have an offer for 125K from SFO. Should I accept this offer from a monetary perspective or not?
I will like to maintain the same life style that I ...
- 23
3
votes
1
answer
1k
views
When claiming a moving expenses tax deduction in Canada, does order of events matter?
I know I can claim moving expenses if I move because of a new job. But does the sequence of events matter?
While I'm doing interviews, I'd like to sell my house and buy my new house in the new city. ...
- 165
0
votes
1
answer
163
views
Move from Stockholm to Ireland
I live in Sweden but plan to move back to Ireland in a number of years. When I can't say exactly but hopefully within 5 years. I'm 32 years of age, with a wife and 2 children. We earn 70k euros ...
- 39
12
votes
3
answers
1k
views
Am I financially ready to move out with my boyfriend?
Background Information:
I am 24 years old
Graduated from University 2 years ago
Currently working full time at a bank in downtown for the past 1 year
Living at home with my parents
My parents paid ...
- 121
13
votes
1
answer
374
views
How do I set up my finances when first moving out?
I'm ready to move out, and I have a excellent job offer of 32-40 hours a week at $8.40 hourly. I am also looking at moving into a rental closer to this new job, with a roommate; the house is $400 a ...
- 131
1
vote
1
answer
47
views
What is the filing address for partnership that changed its address?
I have a general partnership (Form 1065) that moved effective end of 12/31/11 so the 2011 tax year ended in the old state and 2012 will be in a new state. I presume I should use the new address for ...
- 1,823
3
votes
1
answer
75
views
What special things should I do if I move from one state to another, and if I have reported income from both states to report to the IRS?
Should I just get my parents to mail the IRS forms from my old address to my new address (when the forms finally come), and then everything will be taken care of?
Or are there more steps I need to ...
- 1,101
0
votes
1
answer
2k
views
If I move from one state to another for graduate school, then should I fill out my moving expenses on next year's IRS form?
Here is the IRS form.
And if I fill out my moving expenses, then what counts as moving expenses, and what doesn't count? Does buying boxes for moving count as a moving expense? Also, should I keep ...
- 1,101
9
votes
1
answer
529
views
Moving expenses: dog kennel
I had to kennel my dogs while moving. Is this deductible as a moving expense (temporary storage of household items)?
- 191
5
votes
5
answers
3k
views
Moving back to India in a few years. Should I keep my savings account in the U.S. or in India?
My savings account in the U.S. says that it gives me an interest rate of 0.01% and it comes with a lot of restrictions (like limiting the number of transactions per month etc.), and checking account ...
- 437
4
votes
2
answers
959
views
I am moving to a new city. How do I plan and prepare - financially - for the move?
I am planning to move to either Maryland, near D.C., or Boston at the end of the school year for work. I have salary quotes for both jobs already, so I can plan around a specific income number and how ...
- 1,114
7
votes
5
answers
258
views
What is the preferred way to finance home improvements when preparing to sell your house?
Planning on moving and getting our house ready to sell has been more expensive than I expected. I'd like to get this debt off of credit cards. What's the most cost effective way to do this?
- 123
6
votes
1
answer
2k
views
How much should I tip movers?
Are there any rules of thumb for tipping movers who load truck on one day and deliver on the next day?
- 1,182