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Investors & landlords
Question for you. I was a NYC resident for 15yrs until 5/1/2021 (worked and lived in NYC).
However, I moved to Florida on 5/1/2021 and switched my office location to our Florida office. Therefore, I no longer have “sourced income” in NY state or NYC. In addition, I bought my apt in Florida in 2021 and sold my apt in NYC. Last, I spent more than 183 days in Florida.
Since my move on 5/15/2021 I have had no NY withholding since my work location was changed. Further, I intend to pay NY state and city tax until my move (all of which was already withheld) and will not be asking for any refund of any withholding.
So I believe that “break” is clean with the sourced income, purchase and sale of property and spending more than 183 days in Florida.
Last, my only source of income is from my W2. I wanted to know what you thought probability of an audit is given I am not asking for a refund? obviously want to avoid such a head ache. I earn approx $800K per annum