sunshinestate
Feb 5, 2009, 09:26 PM
Hello,
I own a home in New Jersey and work in New York city. This has been the case for many years now. Thus, my tax returns have included Federal, New York Non-resident, and New Jersey (w/credit for taxes paid to other jurisdictions).
However, my company is moving to Miami where we already have an office and I am one of the people staying with the firm and re-locating down in Miami while my family stays back in NJ with the home that I own. I presently have a NY and FL payroll for my company. I am due to start working in Florida on June 1, 2009. I plan on renting an apartment and coming home for weekends every couple of weeks or so. My question is: Since I will be paid via the Florida payroll and both working and living there, do I qualify to have zero state income tax withheld in accordance with Florida State tax laws? Does it matter if I rent vs. own? Do I need to maintain lodging for greater than 6 months in Florida to take advantage of tax laws? Do I have to file a pro-rated NJ tax return based on percentage of income from each state for tax year 2009? In general, what tax laws can I use to my advantage in my situation?
Thank you for your help.
Greg
I own a home in New Jersey and work in New York city. This has been the case for many years now. Thus, my tax returns have included Federal, New York Non-resident, and New Jersey (w/credit for taxes paid to other jurisdictions).
However, my company is moving to Miami where we already have an office and I am one of the people staying with the firm and re-locating down in Miami while my family stays back in NJ with the home that I own. I presently have a NY and FL payroll for my company. I am due to start working in Florida on June 1, 2009. I plan on renting an apartment and coming home for weekends every couple of weeks or so. My question is: Since I will be paid via the Florida payroll and both working and living there, do I qualify to have zero state income tax withheld in accordance with Florida State tax laws? Does it matter if I rent vs. own? Do I need to maintain lodging for greater than 6 months in Florida to take advantage of tax laws? Do I have to file a pro-rated NJ tax return based on percentage of income from each state for tax year 2009? In general, what tax laws can I use to my advantage in my situation?
Thank you for your help.
Greg