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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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
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