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Questions tagged [state-income-tax]

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

53
votes
10answers
19k views

What dissuades 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 ...
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 ...
22
votes
6answers
6k views

Is the Standard Deduction better than Itemized when both are the same amount?

For 2018 the standard deduction is $12,000 for individuals, $24,000 per household. If someone's itemized deductions equals the standard deduction, or is very close, which one is better to take? For ...
22
votes
8answers
10k 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 ...
11
votes
3answers
503 views

Will it be financially advantageous to rent out my condo on AirBnb?

I'm considering renting out my furnished 2BR/2BA condo as a daily rental. It is close to hospitals and is in Little Rock, Arkansas. I don't expect to make enough money to pay all the expenses ...
8
votes
4answers
18k views

Which state do you pay taxes in if you work in a different state than your employer? Specifically, if you live DC and work for a company in New York?

I've been doing some research on paying state taxes while working remotely and I will be consulting a tax advisor or CPA in regards to the matter; however, I love the StackExchange and I wanted to see ...
8
votes
2answers
2k views

I live in Maryland and work in Virginia. Do I need to file multiple state tax returns?

I live in Maryland and commute everyday to Virginia for my job. I do not have any rental property in Virginia. Do I need to file multiple state taxes?
8
votes
2answers
2k views

Is freelance income earned by a U.S. citizen while living abroad subject to state income tax?

My wife is a freelance web developer, formerly residing and paying taxes in NY. She left her job in December 2011. We moved to Italy (where I am employed by the U.S. government) in January 2012. ...
7
votes
1answer
1k views

I gave an incorrect account number to pay my income taxes

I used TurboTax to prepare and e-file my federal and New York State tax returns. I owed money on both and I elected to have the amounts debited from a savings account. When the transactions never ...
7
votes
2answers
753 views

Divide by zero on 540NR form (due to tax treaty)

I am filling a 540NR form for 2014, for California. Line 33 says: "CA Standard Deduction Percentage Divide line 32 by line 17. If more than 1, enter 1.0000" Line 32 is the CA adjusted gross income, ...
7
votes
1answer
173 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?...
7
votes
2answers
744 views

State returns for married couple living/working in different states (CA & IL)

For the tax year 2016, me and my wife were residents of and earning income in different states (CA and IL). We filed a joint federal return to have larger deductions, but I am not sure if we should ...
7
votes
1answer
877 views

Where do you pay state tax if you live in NC and work 100% remotely for place in PA?

We relocated from PA to NC, but I will work 100% remotely for a company branch located in PA. My tax withholding were adjusted so that $0 goes to PA and appropriate amount goes to NC. I found ...
6
votes
1answer
471 views

Do you have to pay New York State Income Tax if you live in New York but work remotely for a Florida based company?

If an employee lives in New York, works independently on project for a Florida based company. No state tax in Florida. Does employee have to pay New York State tax?
6
votes
1answer
234 views

How does state tax work when working overseas?

I am going to be hired as a contractor while we are stationed at an overseas military base. I am a resident of Florida which has no state tax. The state listed on my W-4 will be AE (American Forces ...
6
votes
1answer
846 views

How is my joining bonus taxed if I am not in the work city when I receive it

I go to school in North Carolina and have a job offer from a company in California, if I were to accept the offer now I'd be getting my joining bonus right away although I'd be starting work in June, ...
5
votes
3answers
2k views

Can I use UPS to send my tax returns from abroad to IRS Austin?

I have used an online service to do my taxes and they have asked me to mail the signed returns along with my W2s and other documents to IRS at Austin and the treasury dept of New Jersey for the state ...
5
votes
4answers
732 views

In USA, what circumstances (if any) make it illegal for a homeless person to “rent” an address?

I retired in 2014, sold my house (in USA) and hit the road. I spend much more time out of USA than in it. But I don't stay in one place long enough to justify telling people/businesses a new address....
5
votes
2answers
8k 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 ...
5
votes
2answers
3k views

Owing state tax Interest and a result of living in Maryland and working in Virginia

In 2013 I've worked in Virginia and lived in Maryland the entire year. My wife worked in Maryland. My employer withheld state taxes for Virginia (I asked my employer whether he could withhold my ...
5
votes
1answer
11k views

My state didn't withdraw income tax from my paycheck. What can I do about it?

I started a new job and today I received my first paycheck. However, I noticed that the state (Utah in this case) didn't withhold income tax, even though the Federal withholding was applied. I asked ...
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 ...
5
votes
1answer
291 views

Is it common for a one-time windfall to lead to an individual net operating loss in the following year?

Suppose that Alice ordinarily makes $100,000 a year. Then, in Year 1, she wins the lottery and experiences a one-time windfall of $2.4 million, bringing her income for that (single) year up to $2.5 ...
5
votes
2answers
2k views

Do Americans working overseas pay state taxes?

I've been reading some questions about Americans paying taxes to the US while living and working overseas. I've also been looking around at some linked websites, but I haven't seen anything regarding ...
5
votes
2answers
399 views

Paid part of my state refund back last year; now must declare the initial amount as income?

Sorry for the terse title, here is a more fleshed out explanation: When I filed my 2011 taxes last year, I received a refund from my state of residence (Arkansas). Later last year I had to amend my ...
5
votes
1answer
90 views

State tax deduction of 529 account deposits?

My state (Massachusetts) will offer a tax deduction next year for up to $2000 in deposits to a 529 college savings account. I have a credit card which offers 2% cash back. The choices were to have ...
5
votes
1answer
1k views

Am I required to file a Georgia tax return?

I've been employed by a Georgia-based company since 2009, but living in Kansas and working from home. All this time I have only ever filed a Kansas (and Federal) tax return. However, an answer to ...
5
votes
1answer
17k views

California state taxes on Health Savings Accounts

I recently started an HSA. For federal income taxes this is a great deal because I get to contribute pre-tax and take tax-free distributions for medical expenses, or after age 65 I can take ...
5
votes
2answers
685 views

US State Tax Filings for international student

I have a classic question that a lot of my peers in my university have. I am an international student at New York University (NYU) currently on my F-1 visa in the United States pursuing a Masters ...
5
votes
1answer
736 views

Wealthfront Personal Account or Personal+Roth IRA

Good evening all, I recently started investing money into a Wealthfront personal account, and once creating it, I have started wondering what truly is most beneficial for me both long-term and short-...
5
votes
1answer
124 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. ...
5
votes
1answer
2k views

How are lottery winnings taxed when you move to a new state?

If you win Mega Millions in a taxing state and choose the annuity option and later move to a non-tax state, will you still have to pay taxes to the state you won in?
5
votes
1answer
365 views

Living and Working in different states than resident states

My husband and I are in a quandary. We were TX residents with drivers licenses and vehicles registered in that state (but no real property). We purchased a 5th Wheel that we live in full time. We ...
5
votes
1answer
297 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 ...
4
votes
3answers
1k views

How can I file this year's tax return if I haven't got the refund from last year's return?

Here's my situation: For the year of 2013, I did not file my federal return within April 15th deadline (I did not owe any taxes, and I was waiting for my wife to get her SSN so that I could file a ...
4
votes
2answers
2k views

How do I recover income tax withheld to wrong state (where my home state has no income tax)

I had been working as a contract to hire, working for Company A, employed by Company B. I was then directly hired by Company A, all within a tax year. Shortly after the transition, it was found that ...
4
votes
3answers
472 views

How Deductible Taxes Work When Not Withholding Taxes

I'm trying to understand how Deductible Taxes work in United States, and what I can actually deduct in the scenario where I don't have taxes withheld. According to IRS.gov it says To be ...
4
votes
1answer
205 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?
4
votes
2answers
5k views

Why do I have to pay Georgia state tax when I work in South Carolina?

I live in Georgia and worked in South Carolina. When I did my tax return, it says I get a refund from South Carolina but have to pay a state tax in Georgia. Can somebody explain this please?
4
votes
2answers
71 views

Ohio school tax

My mother recently got a letter from the state of Ohio saying she didn't pay a school tax that was active for her 2010 return. She filed through H&R Block so went there thinking they should be ...
4
votes
1answer
524 views

W-4 Allowances/Exemptions, how many am I entitled to?

I recently decided to correct my W-4 to minimize my tax refund. I reviewed my paycheck, publication 15, and state withholding instructions to understand the formula used to calculate the tax withheld. ...
4
votes
2answers
133 views

Is it possible to use a 529 plan solely for myself, without any educational expenses?

I was setting up an Illinois 529 plan recently. Contributions to the plan are state income tax deductible up to $10,000 per tax payer per year. It got me thinking: What is to stop someone with no ...
4
votes
2answers
5k views

Do I have to pay New York City tax if I earn my salary Upstate New York?

I am an undergraduate, whose permanent address (parents' address) is in New York City, going to school in Upstate NY. I live out of NYC 10 months a year and do not work while I am in NYC. Since my ...
4
votes
1answer
156 views

Why do I have to pay taxes to NJ when my company is located in NY and I live in NY?

I live in New York State, I am hired by my company and registers to the NY office. I am on an assignment in New Jersey and conduct physical work at our client locations in NJ and NY. Why am I paying ...
4
votes
1answer
63 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 ...
4
votes
1answer
452 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 ...
4
votes
2answers
2k views

What is the federal and state taxability of Massachusetts Solar Renewable Energy Credits (SREC)?

I installed a photovoltaic solar panel system on my house in the summer of 2015. (It's not a lease arrangement or the like; I own the solar panels outright.) As part of the government incentives for ...
4
votes
1answer
509 views

My girlfriend has lived with me the entire year of 2018, with no job. Does she need to file a State tax return?

I work in a contracting company, so I sometimes have to move and work every few months. I have been in NC, then IL, and now in AZ. My girlfriend lives with me, and she is a full-time student (since ...
4
votes
1answer
98 views

Does the address on a W9 matter? IE for state taxes?

I have a PO box in CA where I have been receiving mail, and wish to continue to as I don't have a stable address in NYC where I live. When I send clients a W9, would it be an issue to use a CA ...
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 ...