pk
Level 15
Level 15

State tax filing

@rahulk09 , Namaste Rahul ji.

(a) are you both on work visa  or is your spouse a US person ( citizen / GreenCard )?

(b) when did you enter US this time and were there  days  ( how many ? )  present during 2020, & 2021 ?

(c)  The effects of the purchase of a house,  would effect you only to the extent of being able to deduct the mortgage interest  and only if you itmemize   on your  Federal tax return. These days most people use  standard deduction.

(d) As a resident of one state , there is no restriction to buying property in the same state or another state.  When and if you dispose off the property  teh gain would be taxed  ( generally ) by the federal tax and  your home state  and also the state where the property is situated.  There is  also credits for having paid  taxes to a different  state than your home state.

(e) Welcome  to having joined the ranks of homeowners.

 

Is there more I can do for you ?

 

Namaste ji

 

pk

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