Questions tagged [state-income-tax]

For questions relating to state income taxes. For most questions, a state-specific tag should also be included.

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3
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1answer
32 views

Will capital gains from one state offset capital losses from another state?

I moved in the middle of the year. I made capital gains from stock sale while living in NYC and then had capital loss from stock sale after I moved to NJ. Usually I could offset capital gains with ...
5
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1answer
55 views

Capital Gains tax while moving states within US

I'm moving to California in Feb 2021 from Chicago, Illinois. I'm looking to sell stock through which I made $25k capital gains in long term stock. IL capital gains tax is at 4.95% while California is ...
3
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2answers
153 views

Working remotely in Texas but office is in Illinois

I was reading this article here: https://www.jpmorgan.com/wealth-management/wealth-partners/insights/working-remotely-watch-out-for-state-taxes and was interested by the "high state income tax ...
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1answer
57 views

Filing state taxes as a pandemic related WFH move

I lived and worked in NYC until last year. When my company mandated WFH in March 2020 due to the pandemic, I terminated my lease in Manhattan and rented a new place in Miami (near my family) from ...
4
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3answers
782 views

Moved partway through 2020, filing taxes in both states?

I got a job in Maryland (starting june 2020) and moved to the state after graduation in May. However I was still “officially” a resident of Michigan until the end of August (that is, i got my drivers ...
3
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1answer
64 views

Deducting Federal Income Tax from State Income Tax Liability

Context: I am calculating what my taxes will be next year (2021) for purposes of filling out my W-4s such that my withholdings will be as close to my actual tax liability as possible, to minimize my ...
-1
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1answer
87 views

Working in 2 different states: does the California income tax rate only consider the money earned in California, or anywhere?

For example, let's take Bob who: worked from January to March in California, where he earned 30kUSD (W2 income and Bob was a California resident), worked for the rest of the year in the state of ...
2
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0answers
25 views

Getting paid by my own disregarded entity in Idaho, do I need to file an Idaho personal income tax return

No physical assets nor contracts in Idaho itself. I do not live or physically present in Idaho. So reading through the income tax documents: Idaho source income is income from: Transactions or ...
2
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0answers
34 views

Does federal tax residency affects State residency status?

I am a resident alien for tax purposes. I have SSN. My wife arrived in USA for the first time on 6/26/2019. She cannot have SSN. She got ITIN. For 2019, we filed joint tax return. As required, we ...
4
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1answer
81 views

Tax implications of a Transfer on Death Deed

Back in June 2020 my mother passed and left me with two documents, a Last Will and Testament and a Transfer on Death Deed that applied to her home transferring her interest in the property to me. I ...
1
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1answer
54 views

working in two states and commuting

I started a job in California this year. I am a resident of Las Vegas. I work full time in California and part time in Las Vegas. I have a home in Vegas that has a mortgage. In California, I have ...
0
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2answers
71 views

Will I get double-taxed? Primary address in North Carolina but work is in California

Disclaimer: I am aware that users here are not paid/licensed U.S. tax professionals and that I should only make decisions impacting my taxes with a licensed financial advisor. Hi! I have a job in ...
3
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1answer
52 views

South Carolina state income tax

My husband and I do not share residency. I am a resident of South Carolina and he is a resident of New Hampshire. We do file our federal income taxes as married filing joint. There is no state ...
1
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1answer
65 views

Capital Gains Tax when moving to a no tax state

I am moving from CA to WA in 2021 March. I have lived in CA for 5 years and accumulated almost $300K in long term capital gains. Should I wait to sell them after I move to WA? Will that help me avoid ...
3
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1answer
76 views

I work from home in Texas but my projects are for clients in different states (CA, PA, TX)

I work from home in Texas for a consulting firm but my projects are located in multiple states. I have two scenario questions. Scenario 1: I never travel outside of TX for work. Do I need to pay state ...
1
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1answer
57 views

How much do i owe the IRS on Sept 15th for income received in September?

Sold a house at end of August. Cap gains of about $240k to $375k (federal + California) income tax will be due. How much should I pay Sept 15th, 2020?
1
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2answers
73 views

I plan on working for a US company from abroad for three months. Do I need a US address at this time to remain a tax resident of my state?

I am considering spending three months abroad while working remotely. While I plan on returning to my current state (New Jersey), I do not want to continue to pay rent when I'm not here, which means I ...
2
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1answer
146 views

Suppose that you have no home address. Which state would you pay income taxes too?

Suppose that Sarah has a job which requires near constant travel on airplanes. Also suppose that Sarah does not own a house, or rent an apartment. Sarah lives out of hotels, motels, air-BnBs, etc... ...
0
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2answers
71 views

What are the tax implications when working remotely and changing states every 3 months?

I'm currently a perm resident of Washington (past 3 years). I work full-time for a big software company. I would like to work remotely in Florida, California, and Puerto Rico, and Texas, each for ...
1
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0answers
44 views

Can one be a California tax resident while not being a US tax resident?

I read on Page 4 of FTB Pub. 1031 2019 (mirror) (I italicized the important passages): [Section E:] Who Are Residents and Nonresidents A resident is any individual who meets any of the following: ...
16
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2answers
4k views

I e-filed my taxes ONE SECOND after the deadline - am I in trouble?

I am a US resident and last night I e-filed my 2019 federal income tax return with TurboTax and I owed money. (I know you should NEVER wait for the last day but it's been a couple of crazy weeks so I ...
2
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0answers
40 views

Does gross adjusted income include payroll deductions and retirement savings?

I have a slightly odd situation where I have to make quarterly estimated tax payments on my current income (taxable income from Grants or Scholarships), but starting in September I will have a ...
2
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0answers
64 views

Utah state tax for 401K income of a part-time resident

We have about $48,000 Social Security income annually and will receive about $36,000 401K income by the end of next year. We will stay in Utah for the first 3 months next spring and then move to ...
2
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1answer
94 views

A complicated tax question for couples working/living in different states

Say I work in a communal property state (A), and my spouse work in a non-communal property state (T). I guess we have to file our respective state tax separately to make things simple. But should we ...
1
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1answer
40 views

CA state taxes when spouse is part year resident but I'm full year resident

I'm a full year CA resident for 2019 living and working in California. My spouse was working in PA from Jan 1 - July 2019 and moved to CA after her employment ended in PA. She did not work in CA, and ...
0
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1answer
39 views

Utah part-time resident tax return calculation question (moved from Texas, which has no state tax)

I have a question regarding Utah part-time resident state tax calculation. Moved from Texas to Utah. 9 months in Texas, 3 months in Utah last year. Texas doesn't have state tax, Utah does. I'm using H&...
2
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0answers
90 views

How do I report restricted stock unit (RSU) income that has vested in multiple states

In 2016, when I started at my current employer, I received a grant of Restricted Stock Units (RSUs) that vests over 4 years. I was employed in our NY office 2016-2018 and San Francisco Office 2016-...
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0answers
18 views

State tax return file with ITIN number

I am on H1b visa and have valid SSN number, my spouse has ITIN number. I filed my federal taxes successfully without any issue now it is time to file my Georgia state taxes. I cannot find any ...
0
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0answers
40 views

State tax refund for internship in another state - F1 student

So I am an international student on F1 in California since Sep. 2018, and did a paid internship in New York in Summer 2019. Several questions: For federal tax return, do I just sum the income (and ...
1
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1answer
63 views

Necessary to file US Federal W4 in addition to state W4?

I already filed a state W4* with my employer - do I need to also additionally file a US Federal W4 with the same employer? Or does state W4 take into account for Federal W4 withholding amount also? ...
0
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1answer
23 views

CA State Income Tax return CA540NR Federal Adjustable Gross Income (AGI)

I am filing my taxes as a non resident alien manually this year with using some tax software for verification. My Income is $65,000. I have a part of it exempt under US Tax treaty with India and my ...
3
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0answers
28 views

Filing state taxes as a part-year resident, and full-year federal resident

This question is similar to this one, and slightly related to this one, but with some differences. I have been living in USA for many years, and my spouse is an expat who moved to USA in the middle ...
1
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0answers
47 views

Can I ignore form 2439?

I got my first form 2439 (Undistributed Long-term Capital Gains). After doing research, it seems that since I didn't actually get any money, the net result is a not-so-large gain after I sell the ...
0
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3answers
160 views

Sharing tax return with wife?

My wife and I have been separated for nearly 2 years, but are still legally married and filed our tax return jointly. All my income was on a W2, and totaled $140k. I had taxes withheld as normal, so ...
0
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1answer
26 views

State tax refunds for non-resident aliens and excess

According to the instructions for Form 1040-NR-EZ, tax payers must refer to Publication 525 to decide if any of the state tax refunds need to be listed as additional income in Line 4. Here, for Non-...
1
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1answer
71 views

How to determine the tax withhold for remote work?

I am a student of state A (resident) and my apartment lease in state A ended at the end of May. Then I went to my wife's state B during the summer. Also, I worked remotely for a company located in ...
0
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1answer
78 views

LLC in NY State but living and conducting business in Florida only

I am a software development consultant working as a self employed with a single member LLC incorporated in NY State. During 2019 I had moved from NY State to Florida and am serving only one client ...
1
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1answer
174 views

How do spouses living in different states file taxes?

My fiancee and I are thinking about getting married this year. Currently, we live together in California. My fiancee is going to attend law school in August of this year, in Washington DC. I will ...
1
vote
1answer
208 views

Can capital losses be used to offset capital gains for California state taxes?

California treats capital gains just like normal income Suppose I have capital gains of $10k and capital losses of $8k Will this add $2k (from $10k - $8k) to my California taxable income? Or will ...
0
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0answers
34 views

How does withheld California income tax factor into estimated tax installments?

As the venerable federal Publication 505 says, the federal income tax is a pay-as-you-go tax, with two ways to pay as you go: withholding and estimated tax. For estimated tax payments, there are two ...
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0answers
28 views

House and family in PA, job and apartment in MA

I moved to MA for work, but my house and family remains in PA, as is most of my "stuff". I earn my income In MA and spend the week in a rented apartment in MA and come back to PA on weekends and ...
0
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0answers
28 views

Do I have to file a state tax amendment form too if I filed an incorrect federal return?

Last year (2019), I wrongly filed tax as resident. But I am non resident alien and F1 international student. I filed 1040x amendment form for federal tax. Now my question is that do I need file an ...
0
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0answers
35 views

How to report form 1042s information on form 540nr 2019

I'm an international graduate student living in California. This year, I received both W2 and 1042-S forms (Half the year I was on a fellowship grant and the other half I was being an RA). I have ...
2
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1answer
101 views

How do I know whether to classify HSA income as dividend or interest?

I live in California, where the interest and dividends earned in an HSA are taxable. They need to be reported on the Schedule CA (540) on line 2 (taxable interest) and line 3 (ordinary dividends). I ...
0
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1answer
119 views

How do I handle US State Income Tax for the 2020 COVID-19 Coronavirus Filing Extension

While the IRS has a page on the Coronavirus impact is there any resource on handling the various State Income taxes. Are they extended like the Federal Income tax or do I have some relief due the ...
2
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1answer
22 views

What is the income tax exemption proration policy for Massachusetts part-year residents?

I moved to Massachusetts in the second half of 2019 and started a new job. I'm trying to calculate my exemption for the 2019 tax year. The "2019 Massachusetts Nonresident or Part-Year Resident Income ...
0
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1answer
91 views

Can my employer's payroll company be liable for not withdrawing enough State taxes from my income? [duplicate]

My employer's payroll company did not withdraw the correct percentage of state taxes from my year's worth of paychecks. I'm now liable for $2,000 in state taxes. Can the payroll company be held ...
1
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0answers
55 views

Income tax on property sale through LLC in another state

I was a small-time partner in an LLC that was set up to flip a house in NJ, and I live in MA. The LLC was set up in NJ, bought the old property, flipped it, and sold it. I received a K1 from the LLC. ...
3
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2answers
113 views

Tax implications of working from another state due to coronavirus

I work for a company in California which is recommending all employees work from home because of the coronavirus pandemic. I am thinking about working from Michigan instead as an opportunity to visit ...
1
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0answers
16 views

West Virginia or New Jersey state income taxes

I live in Texas. I receive oil and gas royalties income from my properties in West Virginia. I have the 1099-MISC. The company that sent me the 1099 MISC is located in New Jersey. What state do I ...

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