Talk of The Villages Florida - View Single Post - Making FL home primary while still working in NY
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Old 10-25-2012, 04:23 PM
vinnie vinnie is offline
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My opinion is that if you are actively employed in NYS, they will want your money. If you have a history of making money in NYS and continue working in same venue, I suspect they would not accept it unless you could prove you were not in NYS.
At the very least, they would want your $$$ based on how long you spent in NYS.
I have to suspect that NYS has seen people try this a thousand times. Only if it is above board and you can prove how your employment is different. For example, perhaps you went from employed to self employed.
As far as pension, if a NYS resident living in NYS, you are probably tax free if public pension. Regardless, there is no state income tax in Fl so you are good to go. However, if you run into the NYS argument on pay, it seems that your pension would follow suit on whether you were dsclared NYS or Fl residment
Good luck and pay attention to estate planning since NYS will want part of your estate while Florida does not