turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Graduating with MBA and moving to a new state, but bought a house in 2019

We currently live in Massachussetts and are renting an apartment, but bought a house in Indiana in June 2019 as we have plans to move back there in June 2020. We have not rented the house out, and intend for it to be our primary residence upon graduating from business school. We filed a homestead exemption in Indiana as it will be our primary residence. Since we currently don't work or live in Indiana do we still need to file Indiana taxes so as not to lose our homestead exemption?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
TomD8
Level 15

Graduating with MBA and moving to a new state, but bought a house in 2019

Indiana's rules on qualifying for a homestead exemption are detailed here:  https://www.in.gov/dlgf/files/181101%20-%20FAQ%20-%20Deductions.pdf

 

Filing an Indiana tax return is not listed as one of the qualifications.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

View solution in original post

2 Replies
Hal_Al
Level 15

Graduating with MBA and moving to a new state, but bought a house in 2019

No. If you have been filing as a MA resident, you will continue to do so until you actually move.

TomD8
Level 15

Graduating with MBA and moving to a new state, but bought a house in 2019

Indiana's rules on qualifying for a homestead exemption are detailed here:  https://www.in.gov/dlgf/files/181101%20-%20FAQ%20-%20Deductions.pdf

 

Filing an Indiana tax return is not listed as one of the qualifications.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies