What does the IRS look at when a person claims residency of a state? ( IN )?

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2006-06-05 13:05:15 · 4 answers · asked by frandin 1 in Politics & Government ➔ Law & Ethics

I want to sell a property and avoid the capital gains tax, so I must set up residency in that state. What must I do to satisfy the IRS?

2006-06-05 13:29:37 · update #1

Residing in the state where the property is will not remove your capital gains tax liability.

2006-06-05 14:06:27 · answer #1 · answered by James 7 · 1⤊ 0⤋

This is a joke were to rich for everyone is there mind set

2006-06-05 20:11:14 · answer #2 · answered by deadkid97 3 · 0⤊ 0⤋

If the person lived there long enought.

2006-06-05 20:07:54 · answer #3 · answered by Judas Rabbi 7 · 0⤊ 0⤋

Don't understand the question.

2006-06-05 20:07:42 · answer #4 · answered by kearneyconsulting 6 · 0⤊ 0⤋