04-07-2007, 11:40 PM
see my threads below, too.
well, taxes are not technically due for us in MA until the 17th.
;p
well, taxes are not technically due for us in MA until the 17th.
;p
i'm officially procrastinating now....
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04-07-2007, 11:40 PM
see my threads below, too.
well, taxes are not technically due for us in MA until the 17th. ;p
04-07-2007, 11:52 PM
I've just finished reviewing my e-file for my mom's taxes. I asked my husband to look over them and he noticed a correction that I needed to make. I just fixed that and I may file them tomorrow. Hubby has been working on ours all day and will hopefully finish with them tomorrow. I hate doing taxes.
04-08-2007, 12:18 AM
My dad did up my taxes. Lets just say I hate taxes with an undying passion. I owe half of what I made from my job.
04-08-2007, 12:18 AM
Actually ... I have a valid question. Living in one state for more of the year than in the other, do I have to file in both states? If so, do I only count the income from each state toward the taxes for that state?
04-08-2007, 12:28 AM
[quote PeterB]Actually ... I have a valid question. Living in one state for more of the year than in the other, do I have to file in both states? If so, do I only count the income from each state toward the taxes for that state?
Sadly, yes and yes. It's a PITA...
04-08-2007, 12:30 AM
Yoyodyne, that means that only income earned in State #1 goes toward taxes in State #1, and income earned in State #2 goes toward taxes in State #2?
Edit: part of the reason I ask is that, if true, I may end up getting a sizable refund from the state in which I earned far less.
04-08-2007, 12:57 AM
I moved from NY to Massachusatts. Massachusetts had a special section with a formula for figuring out what percentage of my total taxable income I'd easrned there and what percentage I'd earned in NYS. It involved a decimal point followed by a lot of numbers. And has been pointed out, it was a PITA.
04-08-2007, 03:05 PM
Gosh, I have done mine a month ago! My S/O with her 1099, now that is TRULY a PITA :X
04-08-2007, 06:53 PM
As I recall PeterB, you moved from Mass. to LA. Since you were a resident at the time, Mass. considers that you need to file as a part-year resident. At least you do not have to file as non-resident. You will have to look up the rules for state taxes in LA. You are probably treated as a part-year resident, but some states handle your situation as non-resident for your first partial year of residency. Or they require that it be more than six months to qualify for part-year resident status.
And yes, it is a royal PITA. During the time I was separated from my ex, we still filed joint federal taxes. I got to handle three different part-year and non-resident filings for her during that time. If I had to do it over again, would have dropped those tax returns into the hands of a CPA or other tax professional. |
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