Americans Are Moving to the Most Tax-Friendly States in the Country
“What tax implications should someone consider if they’re moving from one state to another? What records would they need to show, if any?
When moving from one state to another, taxpayers should be aware they may have filing requirements in multiple states for the year. They may need to file a part-year resident state in their previous home state and in the new one. Be aware that the tax rate will likely vary from one state to another, and your tax bill may go up or down. When moving to a new state, to establish your residency there, you’ll need to be sure things like your driver’s license and voter registration are moved to the new state.”
Read more insight from Nichole Williams in “Americans Are Moving to the Most Tax-Friendly States in the Country” here.