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
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Tags: Daily Business Zen, Taxes
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Like I wrote...
April 10th, 2008 at 10:14 pm
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?
April 11th, 2008 at 6:25 am
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!