Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 02-20-2017, 07:37 PM
Junior Member
 
Join Date: Apr 2016
Posts: 3
Dual state residency in 2016

In 2016, I was a California resident from January 1 to May 30 and became resident of Florida from May 31 till the end of the year. How should I file my state tax returns? Do I need to file for both California and Florida? Does tax calculation for a given state rely on the duration of the residency in that state or income earned while lived in that state (or is it both)?

Thanks!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 02-21-2017, 03:43 AM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
In 2016, I was a California resident from January 1 to May 30 and became resident of Florida from May 31 till the end of the year. How should I file my state tax returns? ======>Since there is no state income tax in Fl state , you only need to file your CA return ads a part year resident of CA; on your part year CA return , you need o report only CA source income and other income that you earned as a CA resident.

Do I need to file for both California and Florida? ===>

As mentioned above.
Does tax calculation for a given state rely on the duration of the residency in that state or income earned while lived in that state (or is it both)?=>>Correct; you must report your CA source income that you earned from Jan 1-May 30 2016 on your CA part year return. No Fl return is needed since there is no state income tax in Fl state.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Dual state residency in 2016 slickclick For 2016 0 02-20-2017 07:31 PM
What are the 2016 Major Tax Law Changes affecting 2016 Tax Filings? TaxGuru For 2016 0 02-12-2017 02:54 PM
CA residency but RI work/state tax? Thanks!! littlehanboy California 3 03-14-2015 04:53 PM
CA residency but RI work/state tax? Thanks!! littlehanboy California 0 03-13-2015 11:14 PM
State residency and where to file rluper For 2013 3 02-01-2014 07:05 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.