Nevada state residency

[KathyW54]

Selling home in nevada where we are residents for 17 years moving to another state that has state tax. What’s the soonest i can sell my home in Nevada and claim residency for our 2024 taxes?

[DMarkM1]

Today.  You can move to another state anytime in the tax year and take steps to establish residency any time.  Below is a typical list of items that states would look at for establishing state residency should it ever come up. 

You don't have to have sold the NV property to establish residency in another state, just move out of it and into another state.   The overarching idea is to establish ties to the new state.

Living in the state

Owning property 

Register to vote

Register vehicles

Driver's license

Time spent in the state

Family doctor/dentist

Library Cards

[KathyW54]

What I would like to know is when can I sell our home in Nevada and still claim the full year residency there for our 2024 tax purposes

[DMarkM1 · Accepted solution]

There is no specific date.  It will not be about Nevada.  It will be about the laws of the new state and the totality of your intentions shown.  If the question ever came up, the new state, for example, could use the facts that you sold your NV property and bought a property in their state and moved into it even if on December 1st and would want to tax any income for that month in their state.  The reason is you would be showing the intent to abandon NV as your resident state and establish the new state as your residence as of 1 December.  

Most states use 183 days as one of the factors in determining residency in the their state; the other factors are items like I listed earlier.