[Magajane]

The AARP do a good job here in The Villages. They have done ours for years. The news paper will tell you when they are taking appointments. They are free. We have ours done in February.

[PaulinTV]

My advice....DON'T take advice in this forum but DO take recommendations for a QUALIFIED person to take advice from.

[Burgy]

Originally Posted by Worryd

My husband and I settled on our TV house in January and will have to figure out our income taxes in two states until we sell the Maryland home. We'd appreciate any recommendations for someone knowledgeable on taxes and tax planning.

I moved from Iowa to Wyoming for 6 years and now the Villages for 10 years. I still use my Iowa accountant since Wyoming and Florida don't have state income tax. Your situation might be more complex tho.

[FredJacobs]

Originally Posted by vintageogauge

If you didn't change residency to Florida I don't believe you have to file in both states.

This is not correct! Any income earned in Maryland while you are a resident is taxable by the state and subject to your county tax if it has an income tax.

I would be happy to look at your taxes and give you an estimate. I'm a Villages resident. 917-647-0057.

[wiltma]

Once you sell your MD home and only live in Florida, use AARP for income tax. They do a great job. Not sure what is happening for this year

[nancymiller217@yahoo.com]

Originally Posted by Worryd

My husband and I settled on our TV house in January and will have to figure out our income taxes in two states until we sell the Maryland home. We'd appreciate any recommendations for someone knowledgeable on taxes and tax planning.

Individuals don’t file income taxes in Florida (don’t get excited, they make up for it in property and sales taxes).

In your prior state you will file a partial year return up to the day you established FL residency.

[jean2805]

Hi this is Jeanie Matthews from the Village of Duval. I do prepare taxes starting in January, 2021.
You can reach me at Speedy Tax Services, 302 463-0140.

[KRM0614]

Originally Posted by Worryd

My husband and I settled on our TV house in January and will have to figure out our income taxes in two states until we sell the Maryland home. We'd appreciate any recommendations for someone knowledgeable on taxes and tax planning.

As a retired accountant very simple. Use your CPA in Maryland. You are entitled to a gain tax free if you’re married of 500K on the sale of your house when you sell it. To be a resident here it’s six months and 1 day. Also sit down separate your records for each.

DO NOT USE PEOPLE CLOSE TO THE VILLAGES. Get a referral from up In MD for here.

[Roron123]

Can you give me her number please?
Thank you

[bobnyce]

Originally Posted by Worryd

My husband and I settled on our TV house in January and will have to figure out our income taxes in two states until we sell the Maryland home. We'd appreciate any recommendations for someone knowledgeable on taxes and tax planning.

It all really depends on which place was your principal residence at the time of sale. You need a tax specialist who is familiar with Maryland and Florida law. If you registered to vote in Florida, registered your cars or changed other documents to reflect the fact that you are a Florida resident, prior to selling in Maryland, it can create a tax problem. Definitely see a tax specialist!!!!!!

[deestatham@aol.com]

Originally Posted by Worryd

My husband and I settled on our TV house in January and will have to figure out our income taxes in two states until we sell the Maryland home. We'd appreciate any recommendations for someone knowledgeable on taxes and tax planning.

We’re from Maryland too, welcome! Been here 5 years now. We lived in Monkton, north of Hunt Valley. You will enjoy it here.

Dee and Tom Statham
Village of Chatham

[bobandsandya]

Originally Posted by Worryd

My husband and I settled on our TV house in January and will have to figure out our income taxes in two states until we sell the Maryland home. We'd appreciate any recommendations for someone knowledgeable on taxes and tax planning.

When we came to The Villages 7-1/2 years ago, we were concerned about how to handle taxes on income and real estate sales/purchase since Delaware has income tax and Florida has sales tax. We found that the tax firm Village Tax on Rolling Acres Road across from Home Depot was familiar with tax structure in both states and did a good job handling questions and taxes for us. Bob from Gilchrist

[chrissy2231]

Ellen Cronin 352-350-1951 etcronin@comcast.net

[glenda@bobglenda.com]

If you earned income in Maryland, you'll have to file Maryland tax. If you haven't sold Maryland house yet, don't change your residency as Maryland charges 8% on net profit from sale of Maryland home if you aren't a resident.

[rjm1cc]

Keep your MD CPA. You have not income taxes in Fl.
You should move any income producing investments that are with a MD only firm to a National firm. You want to avoid any income from MD.
You would file 2020 as a non resident and final return. In 2021 you might be able to do your own using Turbo Tax.