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state tax


attackcat1
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Hello,

If you have lived in a state that has a state tax for 11 months, lets say until Nov. 2011....We have an RV, we cash in, and then buy a home as your permanent residence in a state with No state tax before Dec. 31, 2011.....

would you have to pay GA state tax since you lived there for 11 months....even though you are filing your taxes from your new address, in the state with no state tax?

I thought (I know it goes for divorce..) "you are what you are on Dec. 31", so on Dec. 31 my perm. res. is in lets say, FLA, I file my taxes in Jan (in Fla) no state tax? Does the fact that I only lived there one month during 2011 oblige me to pay state tax where I lived for the majority of the year?

Throw this is too! When you cash in and sign the Ficen form, your info would include your address. That address would be in the state that has the state tax....I need the RV $ in order to move, so have to cash in first....Can that be a factor?

Any thoughts on this?

Thanks!

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Hello,

If you have lived in a state that has a state tax for 11 months, lets say until Nov. 2011....We have an RV, we cash in, and then buy a home as your permanent residence in a state with No state tax before Dec. 31, 2011.....

would you have to pay GA state tax since you lived there for 11 months....even though you are filing your taxes from your new address, in the state with no state tax?

I thought (I know it goes for divorce..) "you are what you are on Dec. 31", so on Dec. 31 my perm. res. is in lets say, FLA, I file my taxes in Jan (in Fla) no state tax? Does the fact that I only lived there one month during 2011 oblige me to pay state tax where I lived for the majority of the year?

Throw this is too! When you cash in and sign the Ficen form, your info would include your address. That address would be in the state that has the state tax....I need the RV $ in order to move, so have to cash in first....Can that be a factor?

Any thoughts on this?

Thanks!

Consult with a CPA. That's my best advice.

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Hello,

If you have lived in a state that has a state tax for 11 months, lets say until Nov. 2011....We have an RV, we cash in, and then buy a home as your permanent residence in a state with No state tax before Dec. 31, 2011.....

would you have to pay GA state tax since you lived there for 11 months....even though you are filing your taxes from your new address, in the state with no state tax?

I thought (I know it goes for divorce..) "you are what you are on Dec. 31", so on Dec. 31 my perm. res. is in lets say, FLA, I file my taxes in Jan (in Fla) no state tax? Does the fact that I only lived there one month during 2011 oblige me to pay state tax where I lived for the majority of the year?

Throw this is too! When you cash in and sign the Ficen form, your info would include your address. That address would be in the state that has the state tax....I need the RV $ in order to move, so have to cash in first....Can that be a factor?

Any thoughts on this?

Thanks!

I can tell you from what my experience was when I moved from Ohio (state with income tax) to Tennessee (state with no income tax). I had to pay taxes on what ever I earned or made interest on while in the state of Ohio, and nothing to them for the money I earned or make interest on when I moved to Tennessee......but you should still seek the advice of a tax expert

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Guest RPMKIMD

Yes.

When you have the 2011 Tax Return processed, the tax accountant would add an additional form for Georgia State Taxes. You would then pay taxes due the IRS and due to the state of Georgia. This is based on the time in the state of Georgia and any funds received there.

If it is determined any tax due.

Edited by RPMKIMD
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Hello,

If you have lived in a state that has a state tax for 11 months, lets say until Nov. 2011....We have an RV, we cash in, and then buy a home as your permanent residence in a state with No state tax before Dec. 31, 2011.....

would you have to pay GA state tax since you lived there for 11 months....even though you are filing your taxes from your new address, in the state with no state tax?

I thought (I know it goes for divorce..) "you are what you are on Dec. 31", so on Dec. 31 my perm. res. is in lets say, FLA, I file my taxes in Jan (in Fla) no state tax? Does the fact that I only lived there one month during 2011 oblige me to pay state tax where I lived for the majority of the year?

Throw this is too! When you cash in and sign the Ficen form, your info would include your address. That address would be in the state that has the state tax....I need the RV $ in order to move, so have to cash in first....Can that be a factor?

Any thoughts on this?

Thanks!

TAX LAWS DIFFER FROM STATE TO STATE. CONSULT A PROFESSIONAL TAX ATTORNEY cool.gif

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Yes.

When you have the 2011 Tax Return processed, the tax accountant would add an additional form for Georgia State Taxes. You would then pay taxes due the IRS and due to the state of Georgia. This is based on the time in the state of Georgia and any funds received there.

If it is determined any tax due.

Thanks. I will consult a tax atty or cpa after rv...thanks again!

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