Quote:
Originally Posted by Tom Hannon
Can I file for Florida residency while my wife keeps her NY identity? The house in Florida is in both names. Can we take advantage of the Homestead Exemption with only half the owners (the better half) with Florida residency. I will be 65 next year and if I had my way, I'd be a FROG. Wifey isn't as ready to become a frog.
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Tom, you and I are in similar situations. If I was able to change residency to FL, I believe that I would be exempt from paying MA state income tax on my pension.
I have to do additional research and get advice from by accountant. Even if my wife doesn't spend as much time in TV as me, I envision that I'll be here more than 6 months a year. At that point, I don't know if the answer is to file
"married filing separately". As with most things, there are advantages and disadvantages.