I am a self-employed consultant, paid estimated taxes to MD & Feds, and receive a 1099-NEC from my Maryland employer. I also have investment income from stocks. From Jan-July 1 of 2023, I resided in MD and worked remotely from home. On July 2, 2023, I moved and established residence in FL, however, I continued to work remotely just the same as I did before the move.
I'm working through filing taxes for 2023. Turbotax directs me to file a MD Resident Income Tax Return. While stepping through the State of MD return, I am unsure what income to allocate to MD. Since beginning residency in FL, 100% of my work was conducted remotely via computer/telephone. I will continue working in the same fashion now and in the future.
Reading other posts on the support site here, leave me confused as to answers.
Now that I am not a resident of MD but still perform 100% of my work there remotely from FL, do I have to pay taxes on that income for all of 2023 or just the portion that I was a MD resident? How is the situation to be handled for 2024 and forward years - Do I have to file a non-resident tax return and continue paying estimated taxes since I am still going to be issued a 1099-NEC?
Would greatly appreciate any guidance that you can provide.
