Talk of The Villages Florida - View Single Post - Establishing Florida Residency
View Single Post
 
Old 04-19-2024, 11:45 AM
M2inOR M2inOR is offline
Senior Member
Join Date: Mar 2019
Location: Village of Marsh Bend
Posts: 393
Thanks: 247
Thanked 261 Times in 163 Posts
Default

It's better to get tax advice and what is required from the IRS and from your state's tax office.

Each state has different requirements.

The last thing you'd want to do is to ignore paying taxes that are due, and saying you weren't aware is not a good excuse.

The last thing you want to have happen is to owe taxes in a state you left behind, and the penalties you may also have to pay.

I made sure that my old state, Oregon, had me off the resident rolls whatever they are. No property, and no income from Oregon sources. Oregon has very high income taxes, a low estate tax threshold, and has limits as to what is deductible - for example they limit deductions for federal taxes paid to the federal government.
__________________
--------------------------------------------
Mike
Village of Marsh Bend
--------------------------------------------
We live in interesting times
--------------------------------------------