since March of this year........I live with the kids here and don't work...where is the best place for him/ us to file for residency....i.e. what state should he claim to be a resident of .that is best for tax purposes...does he have a choice...does it make a difference
2006-09-10 06:09:45 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
There isn't really a choice and there are a few criteria that legally determines what state is your domicile, which is different from residency. The domicile is the state where you go when you're "home." It's where you maintain bank accounts, register vehicles, vote, etc. While your husband may being living in NH due to his work in MA, does he consider MD his absolute home ground? Since you have a house there, the answer is most likely yes.
I'm not an expert on the subject, though, so armed with this basic info, you should speak to a tax professional. He should also write a will that states this intention, because, god forbid, he should die while "living" in NH, you're REALLY going to have states fighting over taxes
2006-09-10 13:28:00 · answer #1 · answered by misslabeled 7 · 0⤊ 0⤋
Tax residency for state purposes is a thorny issue, make sure you get the advice of a qualified professional. Massachusetts will no doubt seek to tax him on the income he earns there. Maryland is likely to assert that he is still a resident as long as his family still resides in Maryland. However, Maryland should give a credit for the Mass. tax. However, as noted, only a competent professional can give you reliable advice that applies to your particular situation.
2006-09-10 20:24:46 · answer #2 · answered by TaxGuru 4 · 0⤊ 0⤋
His residence would be either Massachusetts of New Hampshire. I'm sure State laws determine which. You should contact an attorney of tax expert in your area to find out the rules.
2006-09-10 15:25:55 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋
sorry to hear that because I know how hard it must be on you but he might need to use NH address unless he lives with someone Else or in a house that is in someone name but more then likely he would use NH address.Good luck
2006-09-10 13:14:32 · answer #4 · answered by randrnorman 3 · 0⤊ 0⤋
Your question would probably be more accurately answered if you had expert opinion. I would spend a few dollars and talk to a lawyer or call the state and federal govement. Good luck...
2006-09-10 13:22:56 · answer #5 · answered by alleycat189 2 · 1⤊ 0⤋
Settle on Tax free NH - live free or die.
2006-09-10 19:00:18 · answer #6 · answered by Anonymous · 0⤊ 0⤋
What address does he use as his home address? For example what is his drivers license and such have on it. That is your answer.
2006-09-11 16:40:47 · answer #7 · answered by in love with superman 3 · 0⤊ 0⤋