I will be moving to Texas in the next 3 weeks to go work, don't know how long I will be there. Will I have to pay Oklahoma on the money I make in Texas since Oklahoma has state tax and Texas doesn't???
P.S. I own property here in Oklahoma too. I don't think its fair if I have to pay tax on money I make in a different state...
2007-01-08 03:58:13 · 9 answers · asked by Sweet Honey 4 in Business & Finance ➔ Taxes ➔ United States
No, you'll pay Texas income taxes.
You'll just have to do more than one state's taxes.
We do the same thing--living in Kansas, working in Missouri, and owning land in Nebraska.
2007-01-08 03:59:48 · answer #1 · answered by FaZizzle 7 · 0⤊ 0⤋
If you are only temporarily in Texas then yes you will have to pay OK taxes on that income, because you are an OK resident. If you actually move to Texas and change your residence, then no unless you have been working in OK already this year. It
would be different if you were working in another state that has Income taxes because you would get some credit for the taxes paid there.
2007-01-08 04:35:26 · answer #2 · answered by hdsok 2 · 0⤊ 0⤋
If you plan on returning to OK and this is just a temporary relocation, then Oklahoma will tax the income. On the plus side, expenses for living in a temporary location are deductable.
To avoid taxation by Oklahoma, you would have to become a resident of Texas. This would include things like:
- Changing your drivers license to TX
- Changing your car registration to TX
- Making sure that any licenses that you have in OK are non-resident (ie. hunting and fishing).
2007-01-08 04:24:06 · answer #3 · answered by Wayne Z 7 · 0⤊ 0⤋
they are marvelous. people who have little or no income, spend virtually all of it and human beings that have lots, are in a position to keep/make investments their funds. you do not pay sales tax on funds you keep or make investments. And, for the record, NJ has the two a sales tax and an income tax and outrageous materials taxes as nicely. yet, the state isn't broke. Plus NJ has the utmost income conventional of all states. And finally, the fulfillment of a state has not something to do with it is income taxes and sales taxes. Texas has oil and is the main reason that there is not any income tax. Alaska is an identical way.
2016-10-30 08:26:29 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Depends ... If you claim Texas as you state of residence, No. If Oklahoma is you state of residence, Yes. Look in your purse. What stat issued the drivers license you use. Which state sold you the tags on your car?
2007-01-08 04:02:33 · answer #5 · answered by lollipop 6 · 1⤊ 0⤋
I dont know how it works in Ok and TX, but I can only think that it is similar to how it works up here in NJ.
My husband works in NY but we live in NJ, we have to file both NY nonresients taxes and NJ Taxes.
2007-01-08 04:06:58 · answer #6 · answered by kateqd30 6 · 0⤊ 0⤋
No. taxes are applied to the state you made the money in
2007-01-08 04:00:44 · answer #7 · answered by your_name_here 3 · 0⤊ 1⤋
You will pay taxes from whatever state issues your pay.
2007-01-08 04:00:04 · answer #8 · answered by Anonymous · 0⤊ 1⤋
It all depends on where you are a resident...that sucks if you have to pay but I have a feeling you will. Sorry!!!
2007-01-08 03:59:55 · answer #9 · answered by gabe_library 3 · 0⤊ 0⤋