msdrbeat
New Member

Moving for Grad School - Where am I domiciled and how does that affect tax breaks?

Hello! I moved for two year graduate school away from my home state this August. I was living with my parents before and working a full time job as well as freelancing.

1. I have a 529 from my previous state, and I can get a $2500 tax break for deposits. As I will still pay taxes in State 1, can I still get that deduction?

2. I have continued my freelancing via Zoom instead of in person in State 1. This income is now reported to State 2 once I have moved, correct?