Stack Exchange Network

Stack Exchange network consists of 174 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.

Visit Stack Exchange

Questions tagged [state-income-tax]

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

25
votes
8answers
5k views

What prevents people from lying about where they live in order to reduce state income taxes?

Lets say you work in Chicago and live in Chicago but put your home address as somewhere in Indiana. Then every week you collect the mail that is being sent to you in Indiana. Wouldn't you save a lot ...
0
votes
3answers
81 views

Deferring a W2 income to another year for tax return filing

I worked for 3 companies in two states. I moved to my current company on Dec 1, 2018. I got bonuses and sign-on bonus from all 3 companies (although I returned the sign-on bonus to one because I left ...
5
votes
2answers
5k views

How much of my state income tax refund is considered taxable income?

Under the previous tax law, if you itemized and deducted your state income taxes but then got a state income tax refund, the refund was considered taxable income in the subsequent year's federal ...
-1
votes
1answer
104 views

No state refund this year? [closed]

Last year I received roughly $500 state tax refund. Everything is the same EXCEPT for the fact that I took on Full time(same company) in November. I did contribute to my new Retirement Plan, but it ...
1
vote
2answers
49 views

Taxable State Refund (1099G) combining two returns

I just got married last year. When I fill out my 1099G (filing jointly), after I take my state tax refund from 2017 am I allowed to subtract my wife's state tax payment from 2017? Or do I simply have ...
0
votes
1answer
50 views

Late estimated quarterly payment because state failed to act on ACH authorization

In October I submitted payment for Q3 taxes to PA and received a confirmation number for my payment. But they failed to act on that authorization until January, when they must have noticed it at the ...
0
votes
0answers
24 views

How to compute the “Total Adjustment Requested” when filing a dispute following a tax audit from Massachusetts?

I got audited by the state of Massachusetts, USA, due to a mistake I did when filing my 2015 Form 1 (mirror). The audit's conclusion was that I have to pay 1000 USD to Massachusetts, and in addition ...
2
votes
0answers
25 views

Should I indicate on Form 1 for 2015 for Massachusetts my current address or my address in 2015?

I am filling out a 2015 Form 1 (mirror) for the state of Massachusetts in the United States. My address has changed since 2015: I now live in a different state in the United States. Am I supposed to ...
1
vote
1answer
52 views

Can I deduct 529 college savings plan contribution from California income tax as a gift?

When I contribute to a 529 college savings plan, can I deduct the contribution from my California income tax as part of the gift tax exclusion (up to $15000)?
23
votes
8answers
9k views

Why did the federal government ever allow taxpayers to deduct their state taxes from their federal taxes? [closed]

At the end of 2017, President Trump signed into law the Tax Cuts and Jobs Act with among other things eliminated the federal tax deduction for state taxes paid. Essentially, the federal government ...
0
votes
1answer
90 views

I worked in two states for the same company

I worked for the same California-based company in 2018, working remotely from home. I am a 1099 employee, so my employer does not withhold any taxes. I lived in California for six months, then moved ...
0
votes
0answers
12 views

Non Resident selling Canadian property tax implications

I understand the Federal Tax implications, but does the Non resident also pay provincial tax in which the property was sold or only federal tax and surcharge.
2
votes
4answers
3k views

what is a UPS/FedEx accepted physical address for the California Franchise Tax Board

I need to file my California tax returns but am living abroad. I was told that I can only use FedEx/UPS to send my tax returns, but the California Franchise Tax Board only has a PO box address where ...
1
vote
0answers
23 views

State Tax on Sale of Michigan S-Corp for Non-Resident

I have a family member that will be a resident of Florida for 2019. He is contemplating selling his business based in Michigan (S-Corp). He can run the business remotely (but anticipates spending ...
1
vote
1answer
355 views

Tax filing requirements for OPT period (F-1 VISA) in Pennsylvania

This past year I worked under the Optional Practical Training (OPT) program after I graduated. I started my employment period March 15th and worked until September 28th. During this time I got paid ...
1
vote
0answers
48 views

State tax refund different from what's indicated on Turbotax form

I am digging into a past year's Utah tax return (due to an audit) and I see that 42 TOTAL DUE - PAY THIS AMOUNT is over $500; I used Turbotax and I'm seeing that on my downloaded, filed tax form. ...
0
votes
0answers
49 views

Which state income tax will be applied on working as a traveling employee?

I live in State A where I have my home address. My work location is in State B. I also do work from home. When I travel, I stay in hotel. Will my state tax fall in State A or State B? Can travel/...
4
votes
3answers
2k views

Are 529 earnings state-taxable in California?

Whether contributions to a 529 plan can be deducted from income for state tax purposes has been discussed and is documented in many places. However, I am interested in the California state tax ...
1
vote
1answer
56 views

Can I purchase and sell a property through my c-corp if I have a personal tax lien with my state?

I would like to execute a simple contract assignment (double closing) on a real estate deal. The initial title work came back an there is a lien against me personally for taxes owed to my state. I ...
2
votes
1answer
1k views

Potential to live in one of two states: Which is better for optimizing income?

I have accepted a new job on the Eastern Shore of Maryland that I will start this summer, but I will have the option to live in either Maryland or Delaware (about the same commute either way). I'll be ...
7
votes
1answer
171 views

Can I choose which state to pay income tax to when I am traveling and have no permanent residence in the US?

I am leaving for a year-long trip around the world. I will have an income while traveling. Is it possible for me to choose which state will tax me as I will not have a permanent residence in any state?...
2
votes
1answer
72 views

Tax returns while working in 2 states

Situation: NYC Resident Work 1-2 days a week in NYC Work 4 days a week in CT Employer is taking taxes of my paycheck to both states which sums up to about 40% in taxes Questions: I was reading that ...
0
votes
1answer
96 views

Question about federal taxation of state refund (US)

I'm doing my 2017 taxes and I've been extremely confused by how federal taxes treat state refunds. Here are the details: In 2017 I paid $750 as part of my filing for an extension for my NY 2016 state ...
0
votes
2answers
65 views

Do the dividends in NJ's 1040 include both the ordinary dividends and qualified dividends from the federal 1040?

I'm just wondering if I can calculate the dividends for New Jersey's 1040 by summing the ordinary dividends and qualified dividends boxes from the federal 1040. How about a part-year resident? Do I ...
3
votes
2answers
98 views

Qualifying as a Professional Musician to Deduct Cost of Instruments

I've been a hobbyist musician my whole life, playing random paying gigs from time to time. The group I am with now all have day-jobs as non-musicians, but we plan to start playing shows and recording ...
2
votes
1answer
50 views

Rates and valuation notice is it equivalent to market value of a property in Victoria, Australia?

I received a rates and valuation notice from the council and the valuation of the property is approximately $80,000 less than what I paid for it 6 months ago. This is my first mortgage property and I ...
4
votes
1answer
178 views

If I work 100% remotely for a Florida company but I live in Virginia, do I have to pay Virginia state income tax?

I am moving to Virginia from where I am fortunate enough to be able to work remotely for a company in Florida. Florida has no state income tax. Do I have to pay Virginia state income tax?
1
vote
0answers
97 views

State tax implications of a dual citizen who moved overseas to other country of citizenship

Last state of residence was NY, but I have no property / other ties to the state. I do however maintain bank/investment accounts using a relatives address just to make things easier regarding mail/etc....
4
votes
1answer
384 views

Employer does not withhold state taxes

I live in GA where there is a state income tax. I work in TN where there is no income state tax. My company does not operate a business in GA and are telling me they cannot withhold GA taxes for this ...
0
votes
2answers
82 views

What if I don't update the State tax form?

I have been working in state Maryland, US for the first 8 months. But I will soon be moving to New York in September. My company had my State form as Maryland. Since I will be moving to NY next ...
0
votes
1answer
292 views

GST & TDS for international money - advertisement platform

Am from India and I've created an online platform(a webbased application) where ADVERTISERS can list ads(or campaigns) and PUBLISHERS can use this ads and promote them. So when ADVERTISERS pays me, ...
1
vote
0answers
91 views

State taxes as an international student on opt who worked as contractor

I worked in the U.S. from February 2017 to January 2018 on an F1-OPT status. I was hired as a contractor so I got my monthly salary without any deductions. I used Glacier tax services to file my ...
4
votes
1answer
58 views

How do I account for federal and state (NE) taxes to cash out a UTMA for a minor for college?

My son has lived with my mom for about 15 years as a guardian. She setup an UTMA account in Nebraska. She and her husband owned a farm and have done their taxes every year. My step dad passed away in ...
2
votes
2answers
195 views

State tax when living in WY and working 100% remotely for a NY company?

If I live in Wyoming but work 100% remotely for a company in New York City, do I have to have withheld or pay NY state income taxes? Note that Wyoming has no income tax. When I say 100% remote, I ...
2
votes
1answer
867 views

INCOME TAX E-filing - post office saving bank IFSC code? (AY 2017-18)

My query is regarding IFSC Code for Post Office Saving Bank. I tried to find everywhere including visiting the bank but they say they have no IFSC Code. Now as per the new income tax form (ITR 1) (...
0
votes
1answer
72 views

Can I avoid state trust tax with a conditional gift?

My state taxes resident trusts. A resident trust is any of the following: a. Its settlor (or any of its settlors) was a state resident at the time the trust was created; or b. All ...
1
vote
1answer
43 views

Tax deduction for 529 for elementary school tuition

Well I had another question in mind, but my state NC has finally updated the 529 plans to include Elementary and High School. So no my question is, I think I would prefer to use Vanguard or TRowe to ...
5
votes
1answer
123 views

I am a foreigner withdrawing a USA pension. Do I file a state tax return?

I am a citizen of a European country who worked a couple of years in the USA, then moved back to Europe. I withdrew my 401(a) pension last year as a lump sum and need to know how this is taxable. ...
4
votes
1answer
53 views

Massachusetts company, working out of state

If I live in a state with no state income tax and work remotely (from home) for a company that is based in Massachusetts, do I owe any state income tax to Massachusetts? This is confusing me https://...
1
vote
1answer
125 views

Can I e-file my NY tax return for free if I made over $66,000?

I am trying to file my New York state tax return as cheaply as possible. I have already e-filed my federal return for free. I see on https://www.tax.ny.gov/pit/efile/other-efile-options.htm the ...
1
vote
1answer
59 views

Reporting tax treaty-exempt income on a state tax return

I received an income (university student fellowship) and I want to use a tax treaty exemption for this type of income. I received form 1042-S for this income from my university. I think the federal ...
5
votes
1answer
2k views

Moving mid-year to a no-state-income-tax state (Indiana to Washington)

It is my understanding that if you move from one state to another mid-year, then, depending on the states and the details of the move, in each state, you are generally either taxed only on the exact ...
0
votes
0answers
16 views

CA income tax for student fellowships: is all of Box 5 - Box 1 of 1098-T taxable by CA?

I have received a 1098-T due to receiving a fellowship from my school. Box 1 is all qualified expenses. This portion is not taxable by either CA or Federal. Box 5 is the total of the fellowship ...
3
votes
2answers
378 views

Does the increase in the Child Tax credit affect the Empire State child credit as well?

NY state has a tax credit called the Empire state child tax credit. According to the description of this credit on the NY state department of finances website If you claimed the federal child tax ...
1
vote
0answers
36 views

State Residency for tax purposes / substantial presence test

I was a visitor to the US. With three trips I made during 2017 I met the substantial presence test and I became consequently resident for tax purposes for the entire 2017 as I arrived to the US on 12/...
1
vote
1answer
2k views

14-week internship in California: do I need to fill some income tax return form there?

I live in Massachusetts, USA, as an international student with F1 visa. I did a 14-week internship in California last year from May 26, 2015 to September 4, 2015. Do I need to fill some income tax ...
0
votes
2answers
92 views

State taxes for convoluted NY/NJ work situation

I lived in New York the entire year and worked in my New York City office the first half of the year. After that my offices were moved to New Jersey and I worked remotely from my home in NYC 80% of ...
33
votes
12answers
11k views

I hate the high taxes in NYC. Should I incorporate in or move to another state?

I'm in NYC currently and make a good living doing remote web development work and I get a 1099 at end of year. My taxes take about 35% of my paycheck. I was thinking about incorporating in another ...
0
votes
1answer
171 views

How to report 1042-S income on California Schedule CA 540NR when resident alien for federal purposes?

Lots of background: I visited the US several times since 2014, and in November 2015 I entered the country as a J-1 research scholar. I left the US again by November 2017. By the substantial presence ...
2
votes
2answers
170 views

In which state do you pay taxes for money made on house sale?

I live in NJ but work in NY, so I file NY and NJ state returns. I also sold a house in MD. Since that house was rented for a year when I did not live there, I need to pay taxes on a portion of the ...