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 Can I collect unemployment from California if I'm moving out of state?
My husband and I recently purchased a property in Texas and therefore have decided to move there permanently. But neither one of us has a job out there. So is there any chance that either on of us ...


 Was to get my direct deposit on 1/25 from IRS,?
checked and was sent, bank hasn't posted, anyone else going through the same thing. How long does it take to post to the bank. I used the emerald card I had from last year which in effect is a ...


 How can I change my exemptions on my w4?
I just found out that my work hasnt been taking out ANY federal taxes of my paychecks and I owe $500! I have tried to send in a new form numerous times and it never changed! Please ...


 Where or how can I do my income tax with only my last year check stub?
...


 I deposited a check from a 401k that I was changing and they took out taxes. Will I get penalized?
I deposited a check from a 401k that I was changing and they took out taxes. Will I get penalized for receiving the check and then depositing it into another 401k account even though they already ...


 Council Tax?
As a mature student will I have to pay council tax? I'm renting with my partner who works full time and this september I start my Nursing Training as uni. But I've heard that as a student I ...


 I owe the state of Illinois $130 in taxes I haven't paid yet. When will the IRS issue a warrant for my arrest
...


 How do I write off closing costs on my taxes, and where do I enter that information on form 1040?
...


 Nevada Really Has No Income Tax?
... So you would pay no tax on income whatsoever?
How many other states do this?
I have a hard time believing this, probably because I was raised in only very liberal, high-taxing states....


 Why do I owe the bank?
I did Fast Tax refund with Jackson Hewitt about 3 or 4yrs ago...... They issued me a check with in 2days from a bank and my understanding was that the bank would receive my refund from the Irs....... ...


 Tax relief?
My dad only receives Social Security benefits but has no other income. He hasn't filed taxes for years. Is he still eligible for the new tax rebate thingy?
Additional Details
If so,...


 I built a website for charity. Can I claim any deductions in my taxes?
I run a small business where I build and maintain websites for $1200-1500. A friend of mine who does Christian motivational and strength shows asked me to build a website for him. I decided to do ...


 Can i work and receive benefits?
im in the uk,im currently receiving benefits....am i allowed to work a specified amount of hours per week without effecting my benefit?
thank you.
fred....


 How many should I claim on my w2's? I still want a refund but they are taking out alot now? what is the best?
With my 19 year old and baby and my son, should I claim more on my w2's now so not so many taxes are taken out? Will I still get a refund next year? Would I get child credit for my daughter if ...


 20 years old and never filed taxes?
Hi,
i'm 20 years old and due to lost t4's, i've never filed my taxes. I just recently managed to get all my previous t4's and i'm not ready to file. I have 5 years of ...


 What are the tax advantages of a Roth IRA over a traditional IRA?
...


 Can my dad claim my kids on his taxes?
Me and my kids have lived with my dad the whole year. I didn't work in 2007, so can he claim them? He also calims one other dependent.

I also get child support checks, does this ...


 Can I still file my 2005 tax return??
In 2004 my refund came back less than expected, shortly thereafter I got a letter from the IRS stating I had underreported my wages, so they adjusted my refund, to say the least it turned out that ...


 I have not filed my taxes in about 8 years., please help me how to start.?
I'm low income individual and with no permanent job in the past or present, is there a way to do income tax without W2 forms; what do I expect when I decide to filed; I have with me about 3 W2 ...


 Claiming daycare on your tax returns?
What's the process on this? Can you claim the daycare costs if your child was at any daycare (licensed/unlicensed)?

Just curious. (Yeah, I'm already thinking of tax time. I ...



joey
If I reside in one state and work in another, which state takes taxes out of my paycheck?
My employer is moving to Wisconsin. I will be moving also, but have the option of living in either Minnesota or Wisconsin. Knowing which state takes my taxes will influence my decision.
                     
 




PepsiLime
Rating
If you live and work in Wisconsin you would have to pay taxes to only Wisconsin. But if you worked in Wisconsin and lived in Minnesota, you would have to pay taxes to both Wisconsin and Minnesota. The way it would work would be you would have to file a non-resident Wisconsin tax return and be taxed on your Wisconsin wages only. Minnesota would also tax you on your Wisconsin wages, along with all your other income, but would give you a credit for the tax liability you had on your Wisconsin return, but it would be the lessor of your Wisconsin tax liability or the Minnesota tax for the same income. What you should look at is what is the tax rate for each state, and what deductions if any do they allow. By coming up with what the "effective" tax rate is for each state, you can see which state would be truly lower.


ssracer05
I am in the military stationed in England and I have to pay my state taxes in the state that I claim residence, which is Ohio.


Kiana
Rating
You pay the taxes to the state where you live. So, even if your company moves, if you dont move, your tax will remain the same.


bostonianinmo
Rating
That depends. If the two states have a reciprocity agreement in place, you'll only pay income tax in your home state. NJ and PA have such an agreement. IN and IL used to but it was tossed a few years ago. WI and MN do not appear to have any such agreement for income taxes.

So, lacking a reciprocity agreement, here's what happens. You will pay non-resident income taxes in the state where you work. Your return with that state will ONLY show the income earned in that state. You'll then file a resident return in your state of residence, listing all income from all sources. Your home state will give you a credit for the income taxes paid to the other state.

The net result of this is that you will pay income taxes at the higher rate of the 2 states, at least for the income earned out-of-state. You are not double taxed.


Mark S
Rating
Generally, your employer will take out state taxes for the state that THEY are located in (Wisconsin.) if you move to Minnesota, you would be responsible for filing both WI and MN taxes. You would file a WI non-resident return and a MN resident return. You would get a credit for taxes paid to WI on your MN return. If the company has Nexus (physical location or as defined in your state) in your state, they may withhold your resident state taxes, but you would still have to file in the state you lived in AND the state you work in.

Some states have agreements with neighboring states regarding income tax, so you should check that out too.


atlantaboi3
Rating
The state in which you live is ultimately going to get the taxes. I guess I should give you more info. Basically your company is going to take the taxes out like they normally would. You will file in the state of which your residence it. If live in Minnesota, you are going to pay their taxes. Same if would live in Wisconsin. Both those states have prettty hefty taxes so your are going to pay about the same. Cost of living is pretty high too, they are both comparable to each other. In the long run, I would not worry who gets the taxes, I would live where you like the best and is the most feasible for you.


icebabe
Rating
Generally it is the state with the higher taxes will take the tax out of your paycheck. For example, if you work in MA, but live in NH(which doesn't have a state tax) you will have to pay MA taxes (which sucks). If you live in ME but work in MA, you will have to pay MA tax, and the difference to ME (about 3%). The best bet is to work and live in the state that has the lowest tax. If that isn't possible, contact someone who prepares taxes for a living and ask them the benefits of one state vs. another.


*AmErIcAn HeLeN*
where you'll work... my sister is Italian, but she works in the USA... and she pays taxes in the USA... so, where u'll work...

;-) Kisses


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