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Level 1
posted Oct 25, 2023 9:50:05 AM

Moving States

I moved at the end of last year to a different state but have not changed my residency yet because I am at home and unsure if I will move again. How will this effect taxes?

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1 Replies
Level 3
Oct 25, 2023 10:52:25 AM

Hi alysonmorganp!

 

Residency is a facts and circumstances issue.  Changing residency depends on what your intent is.  I don't know your particular details, but assuming you moved from State A to State B at the end of 2022, if you kept your State A driver's license, etc. and were not sure you were staying in State B, then you are arguably still a resident of State A.  This means you would file a resident return in State A and a non-resident return in State B.  You would report all of your income from everywhere on your State A return, and then get a credit for taxes paid to State B.  In State B, you would file a non-resident return and only report the income that you earned in state B.  

 

If you then decide that you are staying in State B (get a State B driver's license, change your plates on your car, buy a house, etc), you would henceforth file a resident return in State B, and only file a return in State A if  you had income in that state.

 

I hope this helps.

 

Thanks,


Marty