Daily Business Zen: Tax Advice
A quote to remember as April 15th nears: “The trick is to stop thinking of it as ‘your’ money.” – An anonymous IRS auditor
Subscribe in a reader
© 2010 Newly Corporate •
A quote to remember as April 15th nears: “The trick is to stop thinking of it as ‘your’ money.” – An anonymous IRS auditor
Since we’re on the topic of taxes….
How do you know which state to file taxes for? What if I am a resident of one state but only worked in another state?
yana, chances are you need to file in both states… however, some states allow reciprocity. that is, if you are a resident of IL but work in WI, WI will not tax your income and IL will. But chances are you need to file a non-resident form in your non resident state and a resident form in your resident state. you should be able to either remove the income from the non-resident on your resident state form or at least deduct the taxes you paid. really depends… Good luck!