Father living in Florida, children attending college in NC, how to file tax returns?

Question

Father was a resident in NC, where two kids started attending college. Father at the begining of 2006 year moved to Florida to find work. Kids still attending college in NC. How to best file tax returns in order to maintain children's instate residency for financial aid purposes?

Father did not have any NC income, so do we still have to file a NC return ? Can we say father's residence to be Florida now ?

Answer 1

The father's move should have no effect on the kids' residency status for college financial aid.

If North Carolina has state income tax, and the father had **any** income in North Carolina in 2006, he will most likely still need to file an NC state income tax return. Details should be on the NC state government's website.

Answer 2

I'm assuming that the kids are still in NC, right? The father moving won't have any affect on them at all.

The father just needs to file a Federal return now since FL has no income tax.

Answer 3

Is the mother still in NC? If so, the kids' in-state residency status for college shouldn't be affected. If both parents are out of state, and the kids are not considered to be independent of their parents, then their status would probably be affected. Not what you want to hear, I'm sure.

Answer 4

He has no criminal appropriate to a dime of your tax refund. He CAN circulate to courtroom and attempt to get the help decree changed to rigidity you to relinquish the dependency exemption to him however, so if any action is filed you will would desire to cope with that at that factor. undergo in strategies that whether you provide up the exemption, all that he would get often is the exemption and the new child Tax credit. you will maintain the excellent to report as Head of significant different and toddlers, declare the EIC, and declare the new child Care credit in case you have been in any different case eligible for those. on your case that's a solid theory to barter this subject with him. From what you have mentioned, he seems to be making an earnest attempt to do the excellent element via his new child and you to boot. That has to account for something whether purely for karma. working some rapid numbers, giving him the exemption next 3 hundred and sixty 5 days would value you approximately $3 hundred. If his earnings is significant, the tax income for him would desire to run as intense as $2,000 or greater. So weigh the value-income ratio. possibly he'd be prepared to conceal your $3 hundred tax loss and somewhat greater in substitute for the exemption. He feels like he's a minimum of attempting to be fairly clever and it might desire to nicely be nicely worth conserving the peace to throw him a "tax bone" right here and turn off on the declare 3 hundred and sixty 5 days in and 3 hundred and sixty 5 days out.