Thread: Tax Questions
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Old 02-14-2015, 11:01 AM
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Quote:
Originally Posted by Cedwards38 View Post
OK, I'll start. Hey, you knew I had a reason to start this thread, right?

If I live in Florida all year, but derive income from a government pension in Kentucky, do I have to pay Kentucky income tax?
As a refinement, if you moved to FL on March 31,and made your residence FL you would owe taxes in your former state for the first 3 months of the year and nothing after that. But since we are talking taxes there are exceptions. If you have a business, maybe a rental home, in your old state you will owe taxes on that income and have to file a non resident tax return.
As I recall Calif tried to tax the pensions of residences that moved out of the state but they lost the legal battle.
Be sure to file change of addresses with your state so at least they know you moved.