I am about to take a job in Kentucky, but want to live in Cincinnati. Do i have to pay income tax to both states?
2007-01-29 02:19:36 · 3 answers · asked by ? 2 in Business & Finance ➔ Taxes ➔ Other - Taxes
You'd have to file a return in both states. The tax you pay to one state would be deducted from the taxes due on the other return.
2007-01-29 09:10:52 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
Yes, you would need to file as a nonresident in your work state, and file as a resident in your residence state. The work state will tax your wages earned in that state, and your residence state will tax all of your income on a worldwide basis. To offset double taxation, you would be able to claim a credit against the tax in your residence state for the taxes paid in your work state on the same income.
2007-01-29 03:01:03 · answer #2 · answered by jseah114 6 · 0⤊ 0⤋
no, obtain form 740np-r from ky taxation dept
2015-02-27 06:55:48 · answer #3 · answered by Marlene Carl 1 · 0⤊ 0⤋