phunkneebone Posted February 1, 2012 Report Share Posted February 1, 2012 I continue to see on various sites where gurus are urging people to travel to the State of Texas to cash-in their dinar. They are advising people to do this because there is no state income tax in Texas. There is not, in fact, state income tax in Texas, HOWEVER, you must be a resident for this to apply to you. If you travel from your home state to Texas to cash-in, you will pay state income tax in your home state later. Forewarned is forearmed. 9 1 Link to comment Share on other sites More sharing options...
chara55 Posted February 1, 2012 Report Share Posted February 1, 2012 IMO, I Wouldn't get to caught up in ANYTHING you hear from a so called /or self proclaimed GURU tells you........Just Sayin God Bless Goooooo Rvvvvvvvvvv 4 Link to comment Share on other sites More sharing options...
mrref Posted February 1, 2012 Report Share Posted February 1, 2012 I continue to see on various sites where gurus are urging people to travel to the State of Texas to cash-in their dinar. They are advising people to do this because there is no state income tax in Texas. There is not, in fact, state income tax in Texas, HOWEVER, you must be a resident for this to apply to you. If you travel from your home state to Texas to cash-in, you will pay state income tax in your home state later. Forewarned is forearmed. The majic word in your post is GURUS 1 Link to comment Share on other sites More sharing options...
umbertino Posted February 1, 2012 Report Share Posted February 1, 2012 The majic word in your post is GURUS The Dead (inside) Poets Society. Link to comment Share on other sites More sharing options...
semichdave Posted February 1, 2012 Report Share Posted February 1, 2012 I continue to see on various sites where gurus are urging people to travel to the State of Texas to cash-in their dinar. They are advising people to do this because there is no state income tax in Texas. There is not, in fact, state income tax in Texas, HOWEVER, you must be a resident for this to apply to you. If you travel from your home state to Texas to cash-in, you will pay state income tax in your home state later. Forewarned is forearmed. Please do not listen to anyone about avoiding taxes by traveling to another state. You cannot avoid personal state income taxes by going to another state. When you file your taxes in your home state...Your State retrun will ask you..."Do you have income from any other state?" Check NO... Risk your own ARSE. Dont believe the HYPE. 1 Link to comment Share on other sites More sharing options...
shaneelstar Posted February 1, 2012 Report Share Posted February 1, 2012 You must be a resident of the State of Texas, in order for this to apply. Residents do not pay State Income Tax. If you go there and cash in, you will still pay State Income Tax Rate for whatever State you RESIDE in. 2 Link to comment Share on other sites More sharing options...
Artitech Posted February 1, 2012 Report Share Posted February 1, 2012 also if your a corp or llc you will pay a franchise tax here! take it for what its worth! ;) 1 Link to comment Share on other sites More sharing options...
skitealwedrop Posted February 1, 2012 Report Share Posted February 1, 2012 You must be a resident of the State of Texas, in order for this to apply. Residents do not pay State Income Tax. If you go there and cash in, you will still pay State Income Tax Rate for whatever State you RESIDE in. Exactly. Please people pay your state and federal withholding taxes and move on. Hire a CPA to help you. Tax evasion is not pretty in the long run! 2 Link to comment Share on other sites More sharing options...
Texas1 Posted February 1, 2012 Report Share Posted February 1, 2012 "Betty Lou, grab the shotgun...we bout to have guests." 3 Link to comment Share on other sites More sharing options...
Midx1 Posted February 1, 2012 Report Share Posted February 1, 2012 I continue to see on various sites where gurus are urging people to travel to the State of Texas to cash-in their dinar. They are advising people to do this because there is no state income tax in Texas. There is not, in fact, state income tax in Texas, HOWEVER, you must be a resident for this to apply to you. If you travel from your home state to Texas to cash-in, you will pay state income tax in your home state later. Forewarned is forearmed. Link to comment Share on other sites More sharing options...
wingit Posted February 2, 2012 Report Share Posted February 2, 2012 Well I will toss one out there. By "urging" folks to go someplace, to cashin, wherever. Implies that the RV is somehow iminent. The logic is buy more while you still can. Link to comment Share on other sites More sharing options...
wavggg Posted February 2, 2012 Report Share Posted February 2, 2012 I continue to see on various sites where gurus are urging people to travel to the State of Texas to cash-in their dinar. They are advising people to do this because there is no state income tax in Texas. There is not, in fact, state income tax in Texas, HOWEVER, you must be a resident for this to apply to you. If you travel from your home state to Texas to cash-in, you will pay state income tax in your home state later. Forewarned is forearmed. So all you need is a friend or family membr in Texas to cash in for you and then give them a commission???? 1 Link to comment Share on other sites More sharing options...
storm1 Posted February 2, 2012 Report Share Posted February 2, 2012 I continue to see on various sites where gurus are urging people to travel to the State of Texas to cash-in their dinar. They are advising people to do this because there is no state income tax in Texas. There is not, in fact, state income tax in Texas, HOWEVER, you must be a resident for this to apply to you. If you travel from your home state to Texas to cash-in, you will pay state income tax in your home state later. Forewarned is forearmed. Gee ya think? Link to comment Share on other sites More sharing options...
Kimberlye Posted February 2, 2012 Report Share Posted February 2, 2012 So all you need is a friend or family membr in Texas to cash in for you and then give them a commission???? Hmmmm, I"m in Texas. Sign up below. JUST KIDDING!!!!! Kimberlye Link to comment Share on other sites More sharing options...
Redwizard Posted February 2, 2012 Report Share Posted February 2, 2012 Everyone wants to come to Texas sooner or later lol 2 1 Link to comment Share on other sites More sharing options...
bb2 Posted February 2, 2012 Report Share Posted February 2, 2012 I'm in Texas also. Let's Do it!!! Link to comment Share on other sites More sharing options...
powerpager Posted February 2, 2012 Report Share Posted February 2, 2012 ►INFIDELS !!! Link to comment Share on other sites More sharing options...
lomeygoat Posted February 2, 2012 Report Share Posted February 2, 2012 Before we have this problem we need to RV at a good rate....Then worry about how to pay taxes. 1 Link to comment Share on other sites More sharing options...
DEESEAN Posted February 2, 2012 Report Share Posted February 2, 2012 Just a heads up there aren't any state taxes in Florida either... Lets face it would you rather be rich in Texas or Florida. 2 Link to comment Share on other sites More sharing options...
40oz Posted February 2, 2012 Report Share Posted February 2, 2012 Are they selling a package that will help us out? Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted February 2, 2012 Report Share Posted February 2, 2012 ***/// 40, you lookin' for a Package store that'll still sell to ya...? Link to comment Share on other sites More sharing options...
uncirculd Posted February 2, 2012 Report Share Posted February 2, 2012 I continue to see on various sites where gurus are urging people to travel to the State of Texas to cash-in their dinar. They are advising people to do this because there is no state income tax in Texas. There is not, in fact, state income tax in Texas, HOWEVER, you must be a resident for this to apply to you. If you travel from your home state to Texas to cash-in, you will pay state income tax in your home state later. Forewarned is forearmed. This is true. I kept seeing folks saying they were getting a ticket to Texas but I didn't know why. I thought they found a de la rue that we didn't know about. No way can you live in another state that has income tax and think you will get out of it. Now if you plan to move to Texas then you better hurry and not earn anything in your present state. Wow, really. phunkneebone, glad you brought this in. Link to comment Share on other sites More sharing options...
rulesforrebels Posted February 3, 2012 Report Share Posted February 3, 2012 So all you need is a friend or family membr in Texas to cash in for you and then give them a commission???? They then have to pay federal taxes and you will have to pay a gift tax to get that money back. Bad idea Link to comment Share on other sites More sharing options...
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