I was wondering what the requirements/issues are to designate Florida as my home State when I retire, but still keep my home up North. The main reason being is that we will be traveling a lot during the summer and are still interested in keeping our home up North, but not paying State income taxes there.
Income Tax Rates By State 2013 - Tax-Rates.org
With Florida being a no State income tax State, why would I keep paying State income taxes when we will be at our home up North less that half the time?
Have others here done the same thing? How did it work out for you? Or is this sort of thing prohibited in some way? Does it depend on where you have your SS $$$ sent to?
Thank you in advance for all the informed responses I know I wil get here.
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