Re: Very interesting article for New Yorkers considering a change in residency to FL
Good article --- reading it just after I sealed the envelope with my NYS income tax check enclosed.
I remember a tax consultant once telling me that even if you declare residence outside NYS and as long as you own any property in NYS you could be liable for NYS income tax on a pension from a job you worked in NYS. The artilce you referenced was not very specific on that subject.
Looks like I need to transfer my lake property to an LLC, retire, sell my house and make FL permanent. God I love NYS -- worst taxes in the nation.
|