Short story, dream house became available and am buying despite being across the border. What am I to do from a state tax standpoint?
I currently live and work in Minnesota. Am buying a home across the border in Wisconsin. I plan to spend most of my not at home time in Minnesota. I will continue to work and earn income in Minnesota. 80% of my retail shopping will still be in Minnesota. Will still be member of organizations in Minnesota and spend my free time there. Based off what I have read on Minnesota .gov sites I will be able to maintain residency in Minnesota.
What does this all mean for me owning a home in Wisconsin that I live at? As far as Wisconsin goes, I will just be spending income earned in another state and owning property (paying taxes on) in the state.
I feel confused about what I will need to do for state taxes. Any insights would be appreciated.
Thank you.
