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Re: Multiple state tax (1 viewing)
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TOPIC: Re: Multiple state tax
#447
kadalapraveen (User)
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Multiple state tax 2007/02/08 09:44 Karma: 0  
If a person lived in 2 diff states(6months in A +6 months in a year, he might have to pay State tax for both the States, but will that be 6 months tax in A and 6 months in B ?

What I heard is that they would consider state tax for the whole year though u lived in for < 12 months, is that true ? In that case he will have to pay 12 months for A and 12 months for B, which is double.

Any thoughts are greatly appreciated ?
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#448
findtaxs (User)
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Re: Multiple state tax 2007/02/08 10:36 Karma: 0  
[quote author=kadalapraveen link=topic=264.msg463#msg463 date=1170953078]
If a person lived in 2 diff states(6months in A +6 months in a year, he might have to pay State tax for both the States, but will that be 6 months tax in A and 6 months in B ?

What I heard is that they would consider state tax for the whole year though u lived in for < 12 months, is that true ? In that case he will have to pay 12 months for A and 12 months for B, which is double.

Any thoughts are greatly appreciated ?


You will pay state taxes for the income you earned in that state provided there is state income taxes. Some states do not have state income taxes. Yes, you are right if a person stays in two states for 6 months each, and earns income in both states, then you pay taxes in both states for the income you earned in each one not for your whole income for 12 months.


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#449
kadalapraveen (User)
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Re: Multiple state tax 2007/02/08 11:06 Karma: 0  
Thanks alot for the info.
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#450
findtaxs (User)
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Re: Multiple state tax 2007/02/08 11:12 Karma: 0  
Welcome
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