Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 04-02-2018, 12:25 PM
Junior Member
 
Join Date: Feb 2011
Posts: 1
State Tax Returns

I have a son who started his college on Sept. 2017, moving from Pennsylvania where we live to California where he studies. He made just barely enough ($6500) from 2017 summer intern ($6000) and college work-study ($500) to have to file federal return. This is not a problem for us.

The question for us is how should he file state tax returns? My intuitive thinking is he needs to file PA return with the earning of $6000 while he still was PA resident, and also file CA return with the school earning of $500 after he arrived on campus.

Is this the right way to proceed? Any comments would be appreciated.

John Wu



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 04-03-2018, 12:53 AM
Moderator
 
Join Date: Oct 2010
Posts: 5,081
The question for us is how should he file state tax returns?=========>As you mentioned here, since your kid moved from PA to CA on Sep 2017, he needs to file his return as a socalled part year resident of PA and CA; what I mean is that your kid needs to report any taxable income that he earned as a part year resident of PA to PA dept of revenue( because he did not reside in PA for th e whole year); this means that all taxable income that he earned before Sep 2017 before his movin? to CA to PA dept of revenue and also needs to report any taxable income that he earned as a patrt year resident of CA to CA. as you can see he is a part-year resident of CA since he is an individual who is a CA resident for part of the year of 2017and a nonresident of CA(from jan to sep 2017) for part of the year .inthis case he doesnot need to report any taxable income that he earned after his movin? to CA, I mean income that he earned as a part year resident.

My intuitive thinking is he needs to file PA return with the earning of $6000 while he still was PA resident, and also file CA return with the school earning of $500 after he arrived on campus.========>Agreed as you said, since he earned $6K in PA as a part year resident of PA, he needs to report the income to PA dept of revenue (he does not need to report the same income to CA FTB )and he needs to report th e taxable income of $500 that he earned in CA after he moved to CA to CA FTB( again he does not need to report the same income of $500 to PA dept of revenue).as a Part-year resident of CA, your kid is Taxed on all income received while a part year resident .



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
Ads
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
Filing Multiple State Tax Returns minim84 S-Corporation 1 06-18-2016 09:57 PM
Prior Year State Returns Amended... NCvols Income 1 01-31-2014 02:49 PM
How long is a Virginia taxpayer required to keep his State Income tax returns? TaxGuru Virginia 0 10-22-2008 09:14 AM
What is the filing deadline for Hawaii State Individual income tax returns? TaxGuru Hawaii 0 10-12-2008 04:28 PM
Are State tax refunds taxable on Federal tax returns? TaxGuru Income 0 03-31-2007 06:18 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