Multi State Filing Made Simple

Your state of residence is typically where you maintain your permanent home.

You may need to file as a resident in one state and a non-resident in others.

States have different rules for determining residency - some use the 183-day rule, others consider domicile.

Keep detailed records of where you lived and worked throughout the year.

You must file in your state of residence if you meet income thresholds.

You may need to file in other states if you:

Earned income there

Own property that generates income

Conduct business activities

Meet that state's filing threshold

Wages are typically taxed where you perform the work.

Business income may be apportioned based on sales, property, and payroll factors.

Rental income is usually taxed in the state where the property is located.

Investment income is generally taxed in your state of residence.

Most states offer tax credits for taxes paid to other states.

Resident credits allow you to offset taxes paid to other states on the same income.

Non-resident credits may be available if your home state taxes all income.

Properly claiming these credits prevents paying tax on the same income twice.

Multi-state filing can be complex, especially with business income or multiple sources.

A tax professional can help ensure compliance and maximize your credits.

Taxcodes LLC has experience with multi-state filings and can help you navigate the process efficiently.