State Income Tax question

anon94785555
Fri, 19 Jan 2018 23:50:30 +0000

Taxation of income from wages and salaries is based on where you earn the money, not where you live or your declared permanent residence. That is why the above students needed to file in more than one state. States do not care if you are a student. They do not care what season it was or where you live. They care that the income was earned in their state. Imagine being in professional sports with games all over the country…

Investment income can depend on where you live as opposed to wages. And since that gets declared by companies at the end of the year it only matters where your legal permanent residence is at the end of December. A reason so many snow birds will spend more than six months in Florida and make this state their residence so they have no state income tax. And- we all know that owning property somewhere does not automatically give you state residency (all those OOS vacation property owners are aware of this, they pay local property taxes but still are OOS for tuition et al).