The Orange Mane -  a Denver Broncos Fan Community  

Go Back   The Orange Mane - a Denver Broncos Fan Community > Orange Mane Discussion > Orange Mane Central Discussion
Register FAQ Members List Calendar Chat Room Mark Forums Read



Reply
 
Thread Tools Display Modes
Old 02-18-2011, 11:39 AM   #1
tsiguy96
Ring of Famer
 
tsiguy96's Avatar
 
New to the Forum

Join Date: Jan 2007
Posts: 12,696

Adopt-a-Bronco:
None
Default any tax experts here?

i dont know if im a resident of illinois or florida...

my "home address" is still my parents house, but im in florida for grad school. live here, have a job here, everything is here, but im still in school. so given that, am i a FL or IL resident? i also have W2s from IA, but it seems like the more money i enter that i made from outside illinois, the more money i OWE illinois, atleast thats what turbo tax says.
tsiguy96 is offline   Reply With Quote
Sponsored Links
Old 02-18-2011, 11:43 AM   #2
Mr.Meanie
Ring of Famer
 
Mr.Meanie's Avatar
 

Join Date: Aug 2008
Posts: 2,604

Adopt-a-Bronco:
None
Default

Quote:
Originally Posted by tsiguy96 View Post
i dont know if im a resident of illinois or florida...

my "home address" is still my parents house, but im in florida for grad school. live here, have a job here, everything is here, but im still in school. so given that, am i a FL or IL resident? i also have W2s from IA, but it seems like the more money i enter that i made from outside illinois, the more money i OWE illinois, atleast thats what turbo tax says.
You live and work primarily in Florida, so that is your place of residence.

Edit... depending on how long you have lived there. IIRC the last time I asked my CPA about this he said your place of residence means where you work, have mail delivered to, and have lived primarily for the year.

Last edited by Mr.Meanie; 02-18-2011 at 11:46 AM..
Mr.Meanie is offline   Reply With Quote
Old 02-18-2011, 11:47 AM   #3
tsiguy96
Ring of Famer
 
tsiguy96's Avatar
 
New to the Forum

Join Date: Jan 2007
Posts: 12,696

Adopt-a-Bronco:
None
Default

i only lived there from august-present, prior to that it was iowa and illinois
tsiguy96 is offline   Reply With Quote
Old 02-18-2011, 11:47 AM   #4
Garcia Bronco
Hokie since 1993
 

Join Date: Apr 2001
Location: Denver, CO
Posts: 46,751

Adopt-a-Bronco:
Tom Jackson
Default

Quote:
Originally Posted by Mr.Meanie View Post
You live and work primarily in Florida, so that is your place of residence.

Edit... depending on how long you have lived there. IIRC the last time I asked my CPA about this he said your place of residence means where you work, have mail delivered to, and have lived primarily for the year.
This. Also make sure your parents are not claiming you on their taxes.
Garcia Bronco is offline   Reply With Quote
Old 02-18-2011, 11:49 AM   #5
Garcia Bronco
Hokie since 1993
 

Join Date: Apr 2001
Location: Denver, CO
Posts: 46,751

Adopt-a-Bronco:
Tom Jackson
Default

Quote:
Originally Posted by tsiguy96 View Post
i only lived there from august-present, prior to that it was iowa and illinois
From a State perspective; I think you'll have to file in all three places.
Garcia Bronco is offline   Reply With Quote
Old 02-18-2011, 11:49 AM   #6
tsiguy96
Ring of Famer
 
tsiguy96's Avatar
 
New to the Forum

Join Date: Jan 2007
Posts: 12,696

Adopt-a-Bronco:
None
Default

also, since im a fulltime student, in order to claim state residency i needed to be here for atleast a year and establish that i dont plan on leaving. im paying out of state fees for school right now..
tsiguy96 is offline   Reply With Quote
Old 02-18-2011, 11:50 AM   #7
Mr.Meanie
Ring of Famer
 
Mr.Meanie's Avatar
 

Join Date: Aug 2008
Posts: 2,604

Adopt-a-Bronco:
None
Default

Quote:
Originally Posted by tsiguy96 View Post
i only lived there from august-present, prior to that it was iowa and illinois
I'm not a CPA but I would guess if you have been in Florida for 5 months in 2010 and currently work and live there, and your previous residences have been a few months in each of the other states, you would still be considered to have a primary residence in Florida.
Mr.Meanie is offline   Reply With Quote
Old 02-18-2011, 11:55 AM   #8
tsiguy96
Ring of Famer
 
tsiguy96's Avatar
 
New to the Forum

Join Date: Jan 2007
Posts: 12,696

Adopt-a-Bronco:
None
Default

Quote:
Originally Posted by Mr.Meanie View Post
I'm not a CPA but I would guess if you have been in Florida for 5 months in 2010 and currently work and live there, and your previous residences have been a few months in each of the other states, you would still be considered to have a primary residence in Florida.
from what ive read and heard including turbotax, if you are a fulltime student studying in anotehr state, your permanent home address is the one you live at at HOME, such as your parents house. just trying to verify before i turn this in.
tsiguy96 is offline   Reply With Quote
Old 02-18-2011, 12:14 PM   #9
Cito Pelon
Attack at all times . . .
 
Cito Pelon's Avatar
 
Not2Shabby County Seat

Join Date: Jun 2004
Location: AFC Championshipville, NotTooShabby County
Posts: 16,194

Adopt-a-Bronco:
Slim Shabby
Default

Quote:
Originally Posted by tsiguy96 View Post
i dont know if im a resident of illinois or florida...

my "home address" is still my parents house, but im in florida for grad school. live here, have a job here, everything is here, but im still in school. so given that, am i a FL or IL resident? i also have W2s from IA, but it seems like the more money i enter that i made from outside illinois, the more money i OWE illinois, atleast thats what turbo tax says.
If you have w2's from IL and IA, then you have to file a partial year tax form for those states. If your permanent residence is now Florida, you file a permanent resident state form for Florida. If your parents claim you as a dependent on their Federal tax return, that doesn't absolve you from your state tax.
Cito Pelon is offline   Reply With Quote
Old 02-18-2011, 01:08 PM   #10
Pony Boy
"Whoa Nellie"
 
Pony Boy's Avatar
 
Omaha !!!

Join Date: Mar 2009
Posts: 7,562

Adopt-a-Bronco:
mellon head
Default

I think Hillis has the same problem
Pony Boy is offline   Reply With Quote
Old 02-18-2011, 01:28 PM   #11
enjolras
Ring of Famer
 
enjolras's Avatar
 

Join Date: Jan 2003
Posts: 7,576
Default

How old are you?
enjolras is offline   Reply With Quote
Old 02-18-2011, 04:11 PM   #12
ColoradoDarin
Not Too Shabby Poster
 
ColoradoDarin's Avatar
 

Join Date: Aug 2005
Location: St Augustine, FL
Posts: 7,371

Adopt-a-Bronco:
T J Ward
Default

Quote:
Originally Posted by Cito Pelon View Post
If you have w2's from IL and IA, then you have to file a partial year tax form for those states. If your permanent residence is now Florida, you file a permanent resident state form for Florida. If your parents claim you as a dependent on their Federal tax return, that doesn't absolve you from your state tax.
This, except you don't have to file in FL (no income tax here!). You will have to file partial for both IL and IA.
ColoradoDarin is offline   Reply With Quote
Old 02-18-2011, 04:36 PM   #13
tsiguy96
Ring of Famer
 
tsiguy96's Avatar
 
New to the Forum

Join Date: Jan 2007
Posts: 12,696

Adopt-a-Bronco:
None
Default

ill have to check that out still, even in IA i was there for school, wasnt there for residential purposes.
tsiguy96 is offline   Reply With Quote
Old 02-18-2011, 04:37 PM   #14
ColoradoDarin
Not Too Shabby Poster
 
ColoradoDarin's Avatar
 

Join Date: Aug 2005
Location: St Augustine, FL
Posts: 7,371

Adopt-a-Bronco:
T J Ward
Default

Quote:
Originally Posted by tsiguy96 View Post
ill have to check that out still, even in IA i was there for school, wasnt there for residential purposes.
I could be wrong, but if you worked there you need to pay taxes there?
ColoradoDarin is offline   Reply With Quote
Old 02-18-2011, 04:41 PM   #15
gunns
I WANT DEFENSE!
 
gunns's Avatar
 
Defense, defense, defense

Join Date: Dec 2002
Location: Always Hoping
Posts: 12,400

Adopt-a-Bronco:
TJ Ward
Default

I always thought it was where you earned the money. I've heard sports players have to pay taxes in each state they play in. Don't know if that's true.
gunns is offline   Reply With Quote
Old 02-19-2011, 03:59 AM   #16
Odysseus
Fan of the home team
 
Odysseus's Avatar
 

Join Date: Dec 2002
Location: Durango, Colorado
Posts: 11,969

Adopt-a-Bronco:
Mark Schlereth
Default

Quote:
Originally Posted by tsiguy96 View Post
i dont know if im a resident of illinois or florida...

my "home address" is still my parents house, but im in florida for grad school. live here, have a job here, everything is here, but im still in school. so given that, am i a FL or IL resident? i also have W2s from IA, but it seems like the more money i enter that i made from outside illinois, the more money i OWE illinois, atleast thats what turbo tax says.
Find an ENROLLED tax agent. Stay away from HR Block, Jackson Hewitt, or any of the franchised ones. Regardless of who you pick learn to read the tax code for yourself. Take the time. Get a cup of coffee. Sit down. Read!

http://www.naea.org/memberportal/Res.../whatis_EA.htm
Odysseus is offline   Reply With Quote
Old 02-19-2011, 06:48 AM   #17
tsiguy96
Ring of Famer
 
tsiguy96's Avatar
 
New to the Forum

Join Date: Jan 2007
Posts: 12,696

Adopt-a-Bronco:
None
Default

Quote:
Originally Posted by ColoradoDarin View Post
I could be wrong, but if you worked there you need to pay taxes there?
def, you still files in state W2s for every place, but this is purely about permanent state of residence
tsiguy96 is offline   Reply With Quote
Old 02-19-2011, 08:59 AM   #18
Bronco Boy
Avid Ambien Abuser
 
Bronco Boy's Avatar
 
Eric Fischer: Catholic Priest

Join Date: Mar 2009
Location: New York. **** you too.
Posts: 2,000

Adopt-a-Bronco:
Lamin Barrow
Default

Quote:
Originally Posted by gunns View Post
I always thought it was where you earned the money. I've heard sports players have to pay taxes in each state they play in. Don't know if that's true.
That is true, I used to prepare returns for a couple players. Pretty much if you get a W2 from a state you need to file a tax return there. Of course if your withholding is more than your tax you would want to file the return to get your refund anyway.
Bronco Boy is offline   Reply With Quote
Old 02-19-2011, 09:52 AM   #19
Mr. Elway
cakn patna
 

Join Date: Jul 2009
Posts: 963
Default

If you live in FL, what makes you say your home is in IL?
Mr. Elway is offline   Reply With Quote
Reply

Thread Tools
Display Modes



Forum Jump


All times are GMT -7. The time now is 01:10 PM.


Denver Broncos