Fl.Resident Tax Deductions?

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Old 11-25-2018, 06:59 PM
Paddygirl Paddygirl is offline
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Default Fl.Resident Tax Deductions?

I'm a new Fl. resident and I do my own taxes. Where can I find, or could you tell me of any deductions for Fl. residents, e.g. I heard of a senior citizen exemption?
Thanks!
ps I'm not a landlord.
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Old 11-25-2018, 07:38 PM
vintageogauge vintageogauge is offline
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Your asking laymen for advice on filing your taxes? There is free professional help for seniors if you search for it.
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Old 11-25-2018, 08:25 PM
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villagetinker villagetinker is offline
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No state income tax, just federal taxes. I agree with above, there are free tax services for simple returns, do a search. Also, HR Block and a few others offer free online tax return prep for simple returns.
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Old 11-26-2018, 08:48 AM
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dewilson58 dewilson58 is offline
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Everything is 100% deductible.

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Old 11-26-2018, 10:54 AM
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rjm1cc rjm1cc is offline
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Quote:
Originally Posted by Paddygirl View Post
I'm a new Fl. resident and I do my own taxes. Where can I find, or could you tell me of any deductions for Fl. residents, e.g. I heard of a senior citizen exemption?
Thanks!
ps I'm not a landlord.
Florida does not have an income tax so you do not have to file a return.
Your Federal taxes will follow the same rules as the state you lived in.
You will have to file a part time resident return with the state you moved from and that will be your final tax return to that state unless you have business property in the state.
Be sure to file for the homestead exemption for your Fl real-estate taxes. Check your county real estate tax collectors site for info.
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Old 11-26-2018, 11:32 AM
justjim justjim is offline
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Filing Federal Taxes for 2018 is a “whole new ball game”. New rules, different deductions, etc. etc. Some will likely pay less and some might be shocked that they may pay more.
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