perinova
Full time employment: Posting here.
- Joined
- Apr 18, 2006
- Messages
- 531
I am looking over a job offer in a new state starting next year.
My thinking is that DW would remain in CA some of the time, and drivers license and car registration would not change and I would fly back week ends. Our home in CA would become a vacation home for a few years.
That would be to keep things simple.... but it isn't since DW and I would not be in the same state all the time.
I am not sure how state taxes would be handled in this configuration.
Option1. Simplest We could define our home address in the new state and file only there, assuming that CA does not have any issue with investment taxes being paid somewhere else while keeping an address here.
Option2. We could only file my W2 income in the new state as a non resident? File everything else in CA. Now the new state is losing a share of taxes.
Thank you for the pointers.
My thinking is that DW would remain in CA some of the time, and drivers license and car registration would not change and I would fly back week ends. Our home in CA would become a vacation home for a few years.
That would be to keep things simple.... but it isn't since DW and I would not be in the same state all the time.
I am not sure how state taxes would be handled in this configuration.
Option1. Simplest We could define our home address in the new state and file only there, assuming that CA does not have any issue with investment taxes being paid somewhere else while keeping an address here.
Option2. We could only file my W2 income in the new state as a non resident? File everything else in CA. Now the new state is losing a share of taxes.
Thank you for the pointers.